STOCK GOODIES PLAYS OF THE WEEK

[Tellin_Fibs]

SCTR scores are based exclusively on straightforward technical conditions championed by John Murphy in his books and presentations. They were inspired by John's "10 Laws of Technical Trading" essay. We'll have a ChartSchool article with the exact formula available in a week or so but essentially we are looking at 6-month performance, 20-day performance, distance from the 200-day moving average, distance from the 50-day moving average, the slope of the MACD histogram, and the RSI's value. Each one of those factors is weighted based on John's opinion of its importance and then added together to achieve the final score for each stock.