A scan that shows increases in force and volume accompanied by range expansion for both up and down closes.
1) A close at the upper extreme of the day, 2) close above the previous 2 day highs, 3) higher volume than the previous 2 days, 4) close above the 50 and 200 day sma, 5) daily range expansion.
Scan criteria:
1) A close at the lower extreme of the day, 2) close below the previous 2 day lows, 3) higher volume than the previous 2 days, 4) close below the 50 and 200 day sma, 5) daily range expansion.
Scan criteria:
Common criteria for scans above
See also:
NYSE & NASDAQ Short-term pattern scans:-
NYSE & NASDAQ Medium-term pattern scans:-
NYSE & NASDAQ Medium-term trend pivot point scans:-
NYSE & NASDAQ Medium-term trend change scans:-
NB. Our scans are inspired by eminent traders and speculators of the present and past!