Daily Consolidation Breakout

Description

This alert window is set to show you stocks that have been in a fairly tight trading range in at least the last five days, but today are making a big move to the upside.  While this alert window is not as active as some of the other ones it does point to stocks that could have big follow through during the day as others notice this very interesting trading pattern.

Links

Contents

"Daily Consolidation Breakouts (At Least 5 Days of Consolidation)" New high (filtered); Filter=5 (Days, i.e. 52 week high = 365) Check mark Crossed daily highs resistance Large bid size; Filter=5,000 (Shares, minimum bid size) Strong volume; Filter=2 (Ratio) Running up now; Filter=.25 ($) Gap down reversal Crossed above resistance; Filter=2 (Hours of trading) Upward thrust (15 minute) 30 minute bullish engulfing Min Daily Volume=100,000 (Shares / Day) Min Up from the Close=0.5 ($) Min Position in Range=70 (%) Min Consolidation=3 (Days) Min Position in Consolidation=55 (%) Min Count=20 (Alerts)

General Information

Click one of the links above to start using the Daily Consolidation Breakout alert window.  If you are a paying customer, you will see all the alerts.  Otherwise, you will see only a limited sample, and the window will have a hyperlink to help you sign up.

Remember, Daily Consolidation Breakout is just a starting point.  You can click the "Configure" link to customize it to your needs.  Or click here for additional trading strategies.  Or ask us if you need a custom setup.