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yannik
Posted : Tuesday, December 28, 2010 3:46:44 PM
Registered User
Joined: 6/23/2007
Posts: 31
 Guys,

In the below link,

http://forums.worden.com/Default.aspx?g=posts&t=1352

you explain how to search for stocks that are bouncing in a channel (support and resistance are taken into consideration).

Is it possible to give me the formula to do the same but only for support (I don't care if there is no resistance). I'd like to do it for 60 days...
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Bruce_L
Posted : Tuesday, December 28, 2010 4:57:47 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 No. The entire technique revolves around range and directionality. It is not possible to separate just support out of this technique.

We would need your particular unambiguous objective definition of support to be able to help you develop a technique to identify it.
-Bruce
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