Kiri and Marlin, Thanks for posting. I use this Q+ scan for finding strong stocks to go long in - when I think the market will stay bullish like right now <gggg>:
//start // 50 day Hi Scan // Find a new 50 day high
AllGroup
Close(0) > Max(-1 , -50 , cl )
AvgVol(0,-30) >= 250 // = 25,000
Close(0) > 5
//end
Here is a scan for strong stock that have been correcting:
//start // 1234 HR setup // Scan for Strong Stocks that have been taking a breather
Loop(-3,-5) // go back 3-5 days
AllGroup
Close(0)>Max(-1,-40,cl) //stocks that made a new 40 day high
Close(0) > 8 // at least an $8 stock
AvgVol(0,-29) >= 500 // The average volume is at least 50,000 shares
//end
I then run the .lst files through the 13 HR indicators.
The HR scans will give me plenty of High ADX stocks.
Here are some stocks that came across the radar screens this morning.
Longs Stock,buy,stop EAU,26.625,25.563 (though I think Utils are correcting see other posts) JBHT,19,18.563 PRRC,10.50,10 HSB,55.75,53.75
Shorts Stock,sell,stop OXHP,15.688,17.25 EYES,8.688,9.50 BTIM,17.125,18.93 SRSV,19.875,21.00 PRE,46.25,47.25 |