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Consolidation After High Volume Moves

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Moderator: EquityMonster83 Assistants: buywhenhurt
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Last Post: 3/29/2017 12:27:34 AM - Followers: 13 - Board type: Free - Posts Today: 1

Consolidation After  High Volume Moves

Mission Statement:
The goal of this board is to find stocks exhibiting consolidation after high volume upward moves. This strategy makes it possible to get in a stock without chasing it, and also allows for the possibility of high percentage gains. I can't take credit for discovering this method of trading, as I am sure a lot of people trade this strategy.  I personally first learned of this type of strategy from eliteG on thetechnicaltrader.net.  Some of the examples below are actually prepared and posted by eliteG on the stockmanager.com.  

General Rules/Steps for the Setup:
These rules are as described by eliteG.

1.   Rises up heavily in price and volume.  Volume is the key.  It must stand out from past volume.  This rise can last one day..and I would say a max of 7 days.

2.   Falls back for  at least 2 days.  It is very important that you have at least 2 days of fall back according to my research.  Lots of fakeouts happen with just one day of fallback.  Volume is generally less than the volume rise in g1.  Also a rule I use is that the fall back should not penetrate the low of the low of the first candle in g1.  Its a mouthful but the idea is that if this stock showed a strong volume + price rise.. you do not want this stock going back to the levels this happened from.. you want to see support.

3.   Breakout and Run tends to happen if high volume comes back in to push the stock past the highest close(or open, whichever is higher) of the initial high volume move.  Just after the break of this spot on very high volume is imo the best entry.  Penny stocks tend to run 100%.  Higher priced stocks still run but not such a high % usually. 


Chart Examples:
The purpose of this portion of the board is to show examples of charts that exhibited high volume moves, followed by periods of consolidation, and then a large move upon the breakout of the previous high volume move.  By no means can these chart examples be considered standards for this chart setup, but it does show the potential of this setup.






 
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#626  Sticky Note OTTV .0021 looks like a good entry. Getting EquityMonster83 03/27/17 10:09:58 AM
#625  Sticky Note PVCT high volume breakout of 5 cents on EquityMonster83 03/26/17 10:56:42 PM
#618  Sticky Note DOLV breakout .0087. EquityMonster83 03/23/17 02:32:23 PM
#629   LIGA breakout of 0.0042 EquityMonster83 03/29/17 12:27:34 AM
#628   GEGI breakout of 0.0045 EquityMonster83 03/28/17 04:55:16 PM
#627   DOLV 0.017 this morning! from 0.0087 breakout EquityMonster83 03/27/17 10:26:24 AM
#626   OTTV .0021 looks like a good entry. Getting EquityMonster83 03/27/17 10:09:58 AM
#625   PVCT high volume breakout of 5 cents on EquityMonster83 03/26/17 10:56:42 PM
#624   Nice one. ADHC on watch. Thanks for the EquityMonster83 03/26/17 12:39:00 AM
#623   $ADHC on HIGH ALERT THIN MONSTER 6 years AXE_EVERYTHING 03/25/17 04:45:16 PM
#622   DOLV 0.0128 from 0.0087 breakout! EquityMonster83 03/24/17 03:51:02 PM
#621   DOLV 0.0098 from .0087 breakout EquityMonster83 03/24/17 10:26:46 AM
#620   USRM .084! EquityMonster83 03/24/17 09:53:09 AM
#619   USRM breaking out 0.0599 here great volume. EquityMonster83 03/23/17 03:35:12 PM
#618   DOLV breakout .0087. EquityMonster83 03/23/17 02:32:23 PM
#617   Massive volume continues today for PKGM 0.0004 right EquityMonster83 03/23/17 01:14:27 PM
#616   VDRM above 0.69. 0.037 looks like a good EquityMonster83 03/23/17 01:10:14 PM
#615   GIGL taking off from 0.1599. Hit .21 today. EquityMonster83 03/23/17 01:05:53 PM
#614   Yes it is EquityMonster83 MoneyWorksForMe 03/22/17 06:17:24 PM
#613   KNSC moving up steadily. EquityMonster83 03/22/17 04:47:25 PM
#612   PKGM above 0.0023. At 0.0006 now with a EquityMonster83 03/22/17 01:17:33 PM
#611   UAMM hit 0.0239 from .0168 breakout today. Nice play. EquityMonster83 03/22/17 01:11:27 PM
#610   Really liking NVIC here at 0.0184 EquityMonster83 03/21/17 06:46:11 PM
#609   FNHI 0.046 chart EquityMonster83 03/21/17 03:44:16 PM
#608   Liking FNHI 0.046 EquityMonster83 03/21/17 03:02:08 PM
#607   HHSE looking good here 0.012 EquityMonster83 03/21/17 11:17:22 AM
#606   GIGL looks good here .1599 EquityMonster83 03/21/17 10:57:31 AM
#605   Liking USRM here 0.042 EquityMonster83 03/21/17 10:31:36 AM
#604   Nope IGC dropped like a rock. More consolidation EquityMonster83 03/20/17 03:07:42 PM
#603   USRM closing in on a breakout of 0.0599. EquityMonster83 03/20/17 03:06:47 PM
#602   HAON hit .005 this morning good volume EquityMonster83 03/20/17 01:58:22 PM
#601   BIEI above 0.0249 EquityMonster83 03/17/17 04:47:51 PM
#600   LIGA hit 0.0041 from 0.0025 breakout EquityMonster83 03/17/17 03:37:54 PM
#599   IGC gonna rocketship tomorrow? EquityMonster83 03/17/17 03:32:56 PM
#598   HAON broke above 0.0035. Good volume. EquityMonster83 03/17/17 01:33:56 PM
#597   IGC broke above 0.478. Good volume. EquityMonster83 03/17/17 10:05:58 AM
#596   HALO hit 15.20 this morning EquityMonster83 03/17/17 10:02:16 AM
#595   HALO hit 14.75 today from 14.38 breakout. Looks EquityMonster83 03/16/17 04:11:22 PM
#594   HALO breaking out 14.38. Volume small so far. EquityMonster83 03/16/17 10:08:13 AM
#593   SFRX .0042 this morning from .0031 breakout. Nice EquityMonster83 03/15/17 02:50:37 PM
#592   UAMM breakout of 0.0169 yesterday, but not great EquityMonster83 03/14/17 02:23:21 PM
#591   BLTA breakout of .0055 yesterday. Okay volume. At EquityMonster83 03/14/17 02:20:06 PM
#590   SFRX resistance at .0045 EquityMonster83 03/14/17 01:17:38 PM
#589   RJDG again above .0285 now EquityMonster83 03/14/17 01:15:18 PM
#588   LIGA hit .0039 this morning from .0025 breakout. EquityMonster83 03/14/17 01:12:55 PM
#587   ELED nice pick buywhenhurt! 100% gainer. EquityMonster83 03/14/17 10:08:05 AM
#586   RNN .55 from .30 breakout. Nice one. EquityMonster83 03/14/17 09:55:31 AM
#585   SFRX breaking out on good volume. EquityMonster83 03/13/17 02:37:06 PM
#584   LIGA hit .031 this morning from .025 breakout. EquityMonster83 03/13/17 12:10:00 PM
#583   RNN running after breakout of .307 a few EquityMonster83 03/13/17 10:59:33 AM
#582   NNSR trying to break above 0.0096 EquityMonster83 03/13/17 10:34:22 AM
#581   NMM 2.59 this morning from 2.18 breakout. EquityMonster83 03/13/17 10:10:24 AM
#580   OMVS breakout above 0.0425. good volume. EquityMonster83 03/13/17 10:08:54 AM
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