Spring type action scan results - Day 6
(2021-09-21, 10:44 AM)isatrader Wrote: Reviewing yesterdays spring type action scan results.
Of the 105 results:
3 are below yesterdays low
103 are above yesterdays low
36 are below yesterdays close
69 are above yesterdays close
67 are below yesterdays high
38 are above yesterdays high
So the majority have held up so far and 36% are above yesterdays high while only 3% are below yesterdays low.
Will review again later after the close
Revisiting last Mondays spring type action scan results
Of the 105 results:
29 are below Swing low
76 are above Swing low (72.3%)
43 are below Swing close
62 are above Swing close (59%)
47 are below Swing high
58 are above Swing high (55.2%)
So more than 2/3rds are above the Swing low still. Hence so far this still resembles testing behaviour imo, as most of the stocks that made a spring low last Monday are still above it.
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.