SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jenna who wrote (19536)12/4/1998 8:38:00 PM
From: Jenna  Read Replies (2) of 120523
 
Importance of VOLUME.. today's watch list.. Post number 19536.. I've gotten some comments about the previous posts but when I re-read I noted I 'glossed over' something important. In IBI I mentioned: "you have had 2 major uptrends in this one and the volume patterns are picture perfect as well" I should have elaborated at what to look for to determine 'picture perfect' volume pattern.

One of the most distinguishing characteristics of 'good' stocks are volume ratios. When a stock like QLGC, CMVT, has its inevitable correction the volume is particularly low on pullbacks and very high on breakouts to the upside.. that is why it is a must before you decide your stock is really under ACCUMULATION to have high volume.. I personally use the volume 1/30 day 150%.. parameter meaning volume on day of breakout or impending breakout is 150% more than average 30 day volume for that stock. Many of the stocks on today's watch list in particular: MU, BRYO, EESI,NMGC,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext