Breakout Scan

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  • Breakout Scan

    Hi All,
    Has anyone found a potential "Breakout" chart pattern scanner?
    Does it exist? I mean, if StockChat scan can pick out a Morning Star,
    I am sure it will not be difficult to program picking up those which have consolidated for a while, ya..?

    The Nebraskan
  • IIC
    Senior Member
    • Nov 2003
    • 14938

    #2
    Originally posted by andrewte
    Hi All,
    Has anyone found a potential "Breakout" chart pattern scanner?
    Does it exist? I mean, if StockChat scan can pick out a Morning Star,
    I am sure it will not be difficult to program picking up those which have consolidated for a while, ya..?

    The Nebraskan
    What patterns do you want? Flat bases, Cup w/ Handles etc???
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

    Comment


    • #3
      Something that would have listed CMN in June 2004, or VDSI end Oct 2004
      while they were waiting to breakout of a consolidation.
      Technically the stock should be range trading for a
      period of say more than 4 weeks, then the trigger would be
      an EMA Golden Cross plus a gap up from the range resistance, or
      Bullish Engulf above the resistance. I am letting my thought run wild.
      Appreciate all comments.

      The Nebraskan

      Comment

      • IIC
        Senior Member
        • Nov 2003
        • 14938

        #4
        Originally posted by andrewte
        Something that would have listed CMN in June 2004, or VDSI end Oct 2004
        while they were waiting to breakout of a consolidation.
        Technically the stock should be range trading for a
        period of say more than 4 weeks, then the trigger would be
        an EMA Golden Cross plus a gap up from the range resistance, or
        Bullish Engulf above the resistance. I am letting my thought run wild.
        Appreciate all comments.

        The Nebraskan
        I'd try stockcharts.com ...You can sign up for one month to play around with it. I have the RealTime service...Not sure what type of scanning you get with the basic service...IIC
        "Trade What Is Happening...Not What You Think Is Gonna Happen"

        Find Tomorrow's Winners At SharpTraders.com

        Follow Me On Twitter

        Comment

        • MickyMouse
          Senior Member
          • Jan 2005
          • 168

          #5
          If you are willing to settle with a weekly update (for me that's good enough), then IIC's breakout site has the information you need. Check his signature line.

          Micky.
          "Coming together is a beginning, staying together is progress and working together is success"

          Comment

          • IIC
            Senior Member
            • Nov 2003
            • 14938

            #6
            Originally posted by MickyMouse
            If you are willing to settle with a weekly update (for me that's good enough), then IIC's breakout site has the information you need. Check his signature line.

            Micky.
            Thx for the plug Mickey...But he's looking for scans that I don't run...But I think he will find what he's looking for at Stockcharts.
            "Trade What Is Happening...Not What You Think Is Gonna Happen"

            Find Tomorrow's Winners At SharpTraders.com

            Follow Me On Twitter

            Comment

            • New-born baby
              Senior Member
              • Apr 2004
              • 6095

              #7
              IIC: I need help

              IIC,

              I am looking for a guaranteed double this week. Can you put me on the trail of a hot stock like that?
              pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

              Comment

              • jiesen
                Senior Member
                • Sep 2003
                • 5319

                #8
                Originally posted by New-born baby
                IIC,

                I am looking for a guaranteed double this week. Can you put me on the trail of a hot stock like that?
                I can pretty much guarantee you that GMSV.OB will double this week (from .0001 to .0002) and probably more than once!

                not that I would EVER recommend buying that stock...

                Comment

                • MickyMouse
                  Senior Member
                  • Jan 2005
                  • 168

                  #9
                  Originally posted by jiesen
                  I can pretty much guarantee you that GMSV.OB will double this week (from .0001 to .0002) and probably more than once!

                  not that I would EVER recommend buying that stock...
                  I might just go out and try buy some GMSV. After all it was your winning pet.

                  Micky
                  "Coming together is a beginning, staying together is progress and working together is success"

                  Comment

                  • Websman
                    Senior Member
                    • Apr 2004
                    • 5545

                    #10
                    Originally posted by New-born baby
                    IIC,

                    I am looking for a guaranteed double this week. Can you put me on the trail of a hot stock like that?
                    Find an old "Introducing The Beatles" record or any Elvis record on the "Sun" label, at a yard sale for a buck or so and you can do a lot more than double your money.

                    Comment

                    • IIC
                      Senior Member
                      • Nov 2003
                      • 14938

                      #11
                      Originally posted by New-born baby
                      IIC,

                      I am looking for a guaranteed double this week. Can you put me on the trail of a hot stock like that?
                      I don't know about a double...but watch OPTN BEAV and UBET
                      "Trade What Is Happening...Not What You Think Is Gonna Happen"

                      Find Tomorrow's Winners At SharpTraders.com

                      Follow Me On Twitter

                      Comment

                      • New-born baby
                        Senior Member
                        • Apr 2004
                        • 6095

                        #12
                        Jiesen the Genius!

                        Originally posted by jiesen
                        I can pretty much guarantee you that GMSV.OB will double this week (from .0001 to .0002) and probably more than once!

                        not that I would EVER recommend buying that stock...
                        Jiesen,

                        I just read that the Dems want to privatize Social Security with GMSV.OB. Seems the CEO can print shares faster than Congress can spend money, and they like the guy.
                        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                        Comment

                        • jiesen
                          Senior Member
                          • Sep 2003
                          • 5319

                          #13
                          Originally posted by New-born baby
                          Jiesen,

                          I just read that the Dems want to privatize Social Security with GMSV.OB. Seems the CEO can print shares faster than Congress can spend money, and they like the guy.
                          that's a good one! finally, someone figured out a purpose for this stock...

                          Comment


                          • #14
                            Thanks IIC.
                            I was toying around with this site this morning,
                            clearstation.etrade.com
                            have not got to trying its full potential but looked interesting.

                            The Nebraskan

                            Comment

                            • jiesen
                              Senior Member
                              • Sep 2003
                              • 5319

                              #15
                              Originally posted by jiesen
                              I can pretty much guarantee you that GMSV.OB will double this week (from .0001 to .0002) and probably more than once!

                              not that I would EVER recommend buying that stock...
                              hey, whaddya know. right on schedule... GMSV has doubled today from 0.0001 to 0.0002, at least 4 times so far today. albeit on volumes of a nickel or penny, but really, who does that?! that wasn't you, right micky? I mean, if you doubled your penny, well, good for you.

                              I guess buying 1000 shares for a dime might make some sense if you shorted them for $200 a month ago...

                              Comment

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