The following 100 stocks are top ranked stock by % gains in last 16 days. Stock priced below 4 are eliminated and stocks with less than 100000 average volume in last 4 days are excluded to calculate top 100 list.
Some leading stocks by price % change in last 16 days are:
ARNA up 66%
MBI up 54%
JKS up 43%
Some of these 100 stocks will form pullbacks in next couple of weeks and if market continues to go up they will offer a buy opportunities. Stocks that breakout in first few weeks of a market up move tend to lead the market move for many months.
To find these 100 stocks using Telechart, you need to be familiar with the "Custom Date Sort" function. Using the "Custom Date Sort" you can sort the "Common Stocks" for the period between July 1st and July23rd. July 1st was the bottom of this uptrend. Once you get the sort you need to select Top 100 stocks by % change between those 2 dates.
If you want to use the filters I used to eliminate low priced and low liquidity stocks then you need to first apply the filter and create a Easyscan and then sort the Easyscan list by the Date sort.
Here is a step by step way to do this:
- Create a liquidity PCF: MINV3.1 >= 1000 This gives you stocks which had minimum 100k volume in each of the last 3 trading days excluding todays trading day.
- Create a Easyscan with following conditions:
- Common Stocks
- Price per share>4
- Liquidity PCF =true
Start Date: 07/01/10
End Date: 07/23/10
Select % change
and then run the sort.
This will sort your newly created Easyscan by the % change between those two dates. Select top 100 stocks from that and create a new watchlist "Rally Leaders".
Keep an eye on these leaders for buy opportunities once they have a pullback or sideways move.