10/21/2010

GROW: a good swing setup


Notice the first big breakout followed by very orderly and compact pullback and then a breakout. One of the stocks on last nights video.....

2 comments:

Unknown said...

Can you reveal your middle custom indicator pcf and explain its usage?

Pradeep Bonde said...

The PCF's are for finding out upside or downside breakout.

The white one= C >= 1.04 * C1 AND MINV3 >= 1000 AND V > V1 AND (C - C1) >= .25

red= C <= .96 * C1 AND V >= 1000 AND V > V1

green= C >= 1.04 * C1 AND V >= 1000 AND V > V1

They tell you buy or sell pressure on a stock. Swing trends tend to start with a buy pressure or sell pressure day.