Stockcharts - Cup and Handle Breakout Scan
This stockcharts scan is an attempt to look for stocks making breakouts after a consolidation of at least 10 days, and are an attempt to find cup and handle or VCP patterns.
Code:
[type = stock]
and [country is US]
and [SMA(200,volume) > 400,000]
and [exchange != PINK]
and [group IS NOT ETFNOUI]
and [close > Upper Price Chan(20)]
and [close > Upper Price Chan(50)]
and [Upper Price Chan(20) = 5 days ago Upper Price Chan(20)]
and [SMA(150) > 10 days ago SMA(150)]
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.