AROON SETUP POST 5......
Here is a scan for StockCharts.com in finding the setup in a daily chart, long American stocks $5 and less, and average daily volume of 200,000 shares or more:
[type = stock]
and [country = us]
and [daily sma(20,daily volume) > 200000]
and [daily sma(60,daily close) < 5]
and [daily macd hist(8,17,9) >= 0]
and [daily aroon up(20) crosses daily aroon down(20)]
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There comes a time when you define the moment, or the moment defines you. - Tin Cup