Tips on custom search: Some days you have a ton of good candidates that look great based on their charts and the intraday price action. This tends to have when you’ve have a pretty consistent market direction for more than 3 days (such as this recent drop). One way to filter out the best is to do a Custom Search with Heavy Volume > 300. If you get a ton of results, you can increase it even further (or drop it if you don’t get many). This increases your odds of finding the best candidates that are truly RS or RW and the least likely ones to reverse if the market tides change against you.
2022-09-26-scanning-a-1
November 30, 2022
1 min read