I have a few questions. I would take it you are looking at these charts at the end of day or first thing in the morning. First, does it have any importance what happened the day prior? Does the third day have any relevance other that support and resistance? I guess you are looking for consolidation of a stock with low volume for the day prior to the breakout or down. Does the Average Daily Volume need to be a little low? Does it matter if it correlates with the market or not. On breakout or down would you play a stock that’s doing the opposite of what the markets doing? And if so would you limit share size and tighter stops? Would your entry point be if you are bullish, the first pull back with increased green volume? $18.50 in your JCJC example.
Can you set up a query, to either catch a range bound stocks or the breakout or down of a 2 day high or low? Maybe setting alerts if breaks resistance at $18.25? I’m not yet to keen on queries or alerts, I’m more a manual type of guy than a mechanical. The majority of my trades are less than 15 min. thou I’ve been in a few for a life time (few hours)
New to your site and it seems great, maybe I should explore it more than asking these long winded questions……Thanks
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