The Stock Lot

[Bullroom]

Alright here we go. Sheezy and I spent some time following Lowtrade. He uses a run/retrace/consolidation formula that I really like and is usually pretty close. You count the days up in a run and multiply it by 2. Then you add that number to the number of days it retraces and the answer is the estimated time of consolidation. It's not good for everyone but I like it

MEDT had 8 days up and 17 down. 8x2=16, 16+17=33 days consolidation