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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (3122)11/25/1998 10:37:00 AM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
13's Scan...
~~~~~~~~~~~~~
Sergio:

I'm impressed with your growing TA knowledge... : >

Here is the 13's scan criteria I use with the actual TC2000 scan...

13's Scan...

Here is the TC2000 scan I use:

1. Closing price today = highest closing price in the last 3
months...

2. Volume today > 10 day volume MA...

3. Closing price today < 10.01...

4. Volume today > 50,000... (>100,000 is better)...

5. MoneyFlow is positive...

6. MACD, ROC, RSI, RS, and Sto are positive...

Numbers 5 and 6 are done visually after using 1 through 4 in the
scans...

This is more of a 3 month high scan than a 13 week MA scan...

But they do dovetail...

[Closing Price Today] = [HIGHEST CLOSING PRICE LAST 3 MONTHS] AND [Volume___
Today] > [VOLUME MOVING AVERAGE 10 DAY] AND [Closing Price Today] < 21.01___
AND [Volume Today] > 5000

This scan finds all stocks that qualify up a price of 21.00... I only take the stocks at 10.00 or less...

Here's the weekly chart for CALP...

iqc.com

A weekly chart gives you a much broader perspective of the intermediate term price direction... Note the breakout from the Price Regression line to the upside...

Jim