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Consolidation After High Volume Moves

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Moderator: EquityMonster83 Assistants: buywhenhurt
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Last Post: 8/17/2017 9:11:17 PM - Followers: 12 - Board type: Free - Posts Today: 0

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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#637  Sticky Note SRMX 0.0208 recent high volume. Consolidating now and EquityMonster83 04/03/17 11:08:15 AM
#667   QBAN $0.0013 consolidation complete, next leg up coming. buywhenhurt 08/17/17 09:11:17 PM
#666   CLWD breaking out 0.055 EquityMonster83 08/08/17 03:17:22 PM
#665   SRMX breaking out 0.003 EquityMonster83 08/08/17 03:15:33 PM
#664   LDSR above 0.0009. I'm long at 0.0006. Early EquityMonster83 08/06/17 12:22:43 PM
#663   SRMX symbol change should occur 7 to 10 EquityMonster83 07/28/17 10:11:58 AM
#662   $SGDH LOOKING FOR ANOTHER RUN HERE NateMoneyMill 07/26/17 01:59:03 PM
#661   UHLN .0089 EquityMonster83 07/26/17 01:56:58 PM
#660   AMLH 0.0026 breakout EquityMonster83 07/17/17 02:05:29 PM
#659   OMVS close to a breakout of .12. Prob EquityMonster83 07/14/17 04:31:06 PM
#658   UHLN 0.0072 still only 2 million dollar market cap. EquityMonster83 07/08/17 01:24:12 AM
#657   Even if we don't get to a 200 EquityMonster83 07/07/17 10:20:09 AM
#656   RAVE restaurant group is losing $1.29 per share EquityMonster83 07/07/17 10:15:34 AM
#655   UHLN 0.0061 gaining traction again EquityMonster83 07/07/17 10:04:18 AM
#654   $UHLN 0.0050 consolidation day today. Holding all my EquityMonster83 07/06/17 12:13:25 PM
#653   UHLN 0.0047 EquityMonster83 07/05/17 10:43:27 AM
#652   SRMX - http://www.tricascade.com surge protector sells in Walmart. EquityMonster83 07/05/17 10:27:34 AM
#651   UHLN broke 0.004 this morning. EquityMonster83 07/05/17 10:18:09 AM
#650   OTTV finally took off. EquityMonster83 07/04/17 01:13:22 PM
#649   HHSE hit 0.06 from 0.013 breakout EquityMonster83 06/30/17 10:19:48 AM
#648   UHLN about to break 0.004 on merger news. EquityMonster83 06/30/17 09:59:29 AM
#647   DOLV monster hit 0.0647 EquityMonster83 04/10/17 04:41:38 PM
#646   MMEX above 0.029 should run to 0.0563. Then EquityMonster83 04/10/17 04:40:08 PM
#645   SRMX merger update expected this week. Recently canceled EquityMonster83 04/08/17 05:20:14 PM
#644   BBRD looking ready for the next leg up EquityMonster83 04/07/17 12:12:43 AM
#643   ENDV hit 0.136 from 0.0692 breakout. Nice one. EquityMonster83 04/06/17 11:59:36 AM
#642   LIGA hit 0.0064 this morning. EquityMonster83 04/06/17 10:04:25 AM
#641   Missed this one but IGC broke out on EquityMonster83 04/05/17 01:47:02 PM
#640   HHSE breakout of 0.013> EquityMonster83 04/05/17 01:45:29 PM
#639   ENDV breakout of .0692 EquityMonster83 04/03/17 11:50:21 AM
#638   SRMX 7.5 million shares in the float. EquityMonster83 04/03/17 11:44:59 AM
#637   SRMX 0.0208 recent high volume. Consolidating now and EquityMonster83 04/03/17 11:08:15 AM
#636   LIGA hit 0.0057 this morning from .0042 breakout. EquityMonster83 04/03/17 10:47:11 AM
#635   AMFE breakout of 0.029 EquityMonster83 03/30/17 09:47:04 AM
#634   An eye on KGET. EquityMonster83 03/29/17 11:17:43 PM
#633   CUBV one to watch. 0.0003 EquityMonster83 03/29/17 10:36:30 PM
#632   GEGI hit 0.0059 today from 0.0045 breakout. Gapped EquityMonster83 03/29/17 09:57:08 PM
#631   Looks to me like the OTTV bottom is EquityMonster83 03/29/17 09:54:52 PM
#630   PMEA looking good here 0.0006 EquityMonster83 03/29/17 07:39:56 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
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