Many setups
Breadth is in extreme territory, but the market is correcting by going sideways. It is not a runaway move. You will see that in the trend of stocks up 25% in a month.
Lot of stocks after initial breakout have gone sideways or in some cases faded the b/o move.
As far as setups are concerned many stocks are in sideways range contraction mode. That bodes well for further breakouts. The list of stocks below is in various stages of forming sideways range contraction patterns.
2 comments:
Thanks for all your hard work and sharing your work. Do you mind sharing your scan criteria, please?
Avgc7/avgc65>1.05 and c>5 and minv3.1>1000 sorted by 10 Ma and then the one with lower readings are hand selected.
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