RE: Stage Analysis Beginners Questions
(2020-06-16, 01:30 PM)isatrader Wrote:(2020-06-14, 05:12 PM)Stockytrader Wrote: Hi Guys,
Is there anyway way to find long term stage 1 bases? Like using a particular market scan for example? All help much appreciated
There's not a particular scan that I have that looks for long term Stage 1 bases. But you could make something by looking for stocks that haven't yet broken above a flat price channel / Donchian channel. So you'd need to use a high setting of say 52 weeks / 252 days or more of the price channel not rising.
Ah, that would work, excellent idea isa!