I've developed a pretty good bottom reversal scan as of late and am going to try to share the results on a nightly basis to prepare you for the next morning. These stocks will all be in play if the previous days high price is broken on good volume. Should see 60% - 75% success rate on these based on my back testing, which is plenty good in this market. Remember, these are only good if the previous days high is broken during trading on good volume. Here ya go.
CORV
GSPG
BHWW
FRCP
TBUS
LFP
TIDE
LJPC
EXLT
NNPP
STKR
NESS
SWME
WBSK
SGIHF
RNDC
CYGN
PRZ
IJMS
VTSI
Check em out, and set your alerts accordingly. I'll be posting the entry prices as they hit tomorrow just to keep some talk going about this, and won't be doing much other than working on this technique for the next week. Hopefully soon, although, I hope to have a seperate list of some uptrending breakout stocks.
PS: Of course, to add to your success rate with these picks, add DD, long term resistance levels, and things like that to the mix to make your decisions. Please post anything on these if you've got it.
Every stock I post on that I said I've purchased, if you see it quick enough, its a buy recommendation. Unless I posted to sell it, then its a sell recommendation. I'll go ahead and take the blame for any money you lose, or win.
