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Doubledown22

06/02/17 2:47 AM

#119737 RE: JasonBourne #119735

Now you can just set a scan for stocks oversold below -80 and overbought above -20. Here are two easy scans used in conjunction with Slope and %R to identify these 2 conditions.

* Oversold in an uptrend scans for Williams %R below -80% when Slope is positive.
- Slope(100) > 0 and
- Williams%R(10) < -80

* Overbought in a downtrend scans for Williams %R above -20% when Slope is negative.
- Slope(100) < 0
- Williams%R(10) > -20


https://stockcharts.com/articles/scanning/2010/02/scanning-for-overboughtoversold-williams-r.html

Always plenty to read and research on the topic but just run a Daily and Weekly chart on $EPGL (with a Wm%R indicator chosen) since July 2012 and see how clearly the timing for buying and selling this stock stands out.?? I call it the Helen Keller Strategy....lmao.

DD22