NASDAQ:ANAC   ANACOR PHARMACEUTICALS INC
50 1 0
There is much more to add strength to this system, such as using lower indicators or Point+Figure charts, which is what I like to use. Also the way the gap is filled/ corrects to the 50ma is also another aspect of how to tell if the stock is strong and will most likely continue with its uptrend. I find corrections after gaps that have rounding tops makes the pattern twice as strong and if the gap isnt completely filled as in this case where it got early support from the 50ma and trendline. I also like to see the correction have relatively low volume and have more down days than up, which will be the case for most stocks.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out