RE: Watchlist - Investor method
(2013-07-20, 02:11 AM)isatrader Wrote:(2013-07-20, 12:37 AM)anupam384 Wrote: What do you think about MNKD. It broke out in June on high volume and has pulled back since. I know there is some previous overhead resistance but that is like 2.5 years old. What are your thoughts on it
The Stage 2 breakout was in March around the 3 level, and so it has already had a 150%+ since then. It's in Stage 2 currently, but needs to clear the recent swing high to make a new Stage 2 continuation move.
Thanks for your insight. Seems like I missed the boat on this one too. I know every trader is different but still if you don't mind, could you let me and others know the scan that you run to find stocks that might break out and should be on our watchlist. The one that I use now clearly misses a lot of these breakouts and I catch them on the pullbacks.
I have an account at Stockfetcher and if you give me some parameters I can try to have a filter who would spit out some stocks for my watchlist.