Dave: Here's a stock that met the conditions in your system last week: MYG. It showed up in a QP Canslim scan. On Wednesday, both StochRSI's crossed 30. DNS has been rising, and it hit 8 on Friday. InSync, Dahl and MACD look good. Now StochRSI(8,5) looks overbought. CCI(13) -- which is not part of your system, of course -- looks overbought, too. Last week's chart presents a good example of your system at work, though.
Here's an example of one that may meet the conditions soon, if StochRSI(14) turns up: HOV. StochRSI(8,5) has just crossed up through 30, and typically, it leads StochRSI(14). DNS is moving up. If StochRSI(14) turns up, watch out. This is also a Canslim stock (well, a QP Canslim stock).
Brooke |
