Shengkai Innovations, Inc. (VALV)

[k_trader]

GRO looks like it could be a winner, the PPO and ADX look to be still in a 'pinch' and I like how the Full STO has crossed and appears to be separating from the PPO line on the bottom.

I also like how the MACD and TRIX 3,3 are beginning to to cross and possibly uptick.

I would keep my eye on tomorrow's candle for confirmation of a reversal here, this once could be a multi-bagger just like VALV was.

Do you mind posting your stockcharts.com scans here that you use for your pincher?

I am sure it is close to mine, just wanted to compare because I would to filter out PINK and see if there was some indicators I may have forgot.

Here is my basic scan for stockcharts.com:

[type = stock] and [country = us] and [PPO Line(12,26,9)<=-9.00] and [ ADX Line(14)>=35.0] and [Volume > 500,000] and [Open <= 15.0] and [Open >= 0.01]

Cheers!