Spydertrader, Thanks for the comments earlier. Between the 2 above I like SWFT, but I do see similarities in both charts. Right off the bat, SWFT's 30 minute is easy to read and screams buy me. How did you get SWFT?
My WatchList 04 Jan 2007 BITS NVEC I would only look at BITS based on my earlier post. I would also add SWFT, but that is based on spydertrader's post above and not on my strict following of the posted rules.
John, My list was the same. They were both no go today due to lack of volume on BITS; NVEC hit DU between 10-1030 EST but price, MACD, and STOC were all negatives on the 30 min chart b
By following the culling strategy in this post (including Insider Owned and Institutional Owned), I culled some 8000 symbols down to 159 equities meeting the Hershey Fundamental Parameters. Narrowing the field further, I only looked at the 15 charts (out of the 159) which had a 'Score' of 7. I liked the chart (Price location within channels, proximity to FTT's, MACD and Stochastics levels, and volume trend) for SWFT. Based on a "Trading Between the FTT's" paradigm, I anticipated a price increase today. - Spydertrader
I currently dont use Qcharts, so does anyone know where you can find how many days of data a stock has. I skimmed through Quote.com and didnt see it (could have missed it), but is there any other places people are using to check for this?
I don't know for sure but if you can pull up a chart of the stock you are interested in and set the interval to monthly you should get a good idea if there is sufficient data to include in your universe.
Open a Weekly Chart for the symbol in question. Count the days from first data reported to present day. With HWCC, it is just shy of six months of data. - Spydertrader
Enter on the FTT, Exit on the FBO. Just like we talk about in Futures. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1314872>