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23m
Posted : Monday, April 17, 2006 4:49:51 PM
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Joined: 4/2/2006
Posts: 19
 Can you help me find a formula to find bases in stocks that are longer than 6 weeks?

Thanks
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Doug_H
Posted : Monday, April 17, 2006 5:02:45 PM


Worden Trainer

Joined: 10/1/2004
Posts: 4,308
 You can easily adapt the procedure demonstrated in this video to find bases of any length of time:

Scan for stocks bouncing in a lateral channel
- Doug
Teaching Online!
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Craig_S
Posted : Monday, April 17, 2006 6:36:33 PM


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Joined: 10/1/2004
Posts: 18,819
 Here is another idea... Sort any WatchList by this condition in ASCENDING order:


Trend/consolidate 6wks
100*(MAXH30-MINL30)/(AVGH30-AVGL30)

The lower the value this returns the more the stocks is consolidating.
- Craig
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23m
Posted : Monday, April 17, 2006 8:50:04 PM
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Joined: 4/2/2006
Posts: 19
 Thanks i'll try both......
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23m
Posted : Monday, April 17, 2006 10:58:00 PM
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Joined: 4/2/2006
Posts: 19
 What would I add to find a new high breakout in price from these sideways bases?

thanks
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Craig_S
Posted : Tuesday, April 18, 2006 9:47:35 AM


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Joined: 10/1/2004
Posts: 18,819
 If you add this PCF to any EasyScan it will find stocks making a new 30-day high

H>MAXH29.1
- Craig
Here to Help!
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