Scan Criteria
Does this stock meet my 8 point scan criteria? Yes
Structural Checklist
1. Can one my proven price patterns be identified? Yes, a Low Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes
5. Does price action suggest the stock is consolidating / digesting the recent price move? Yes
6. Is the price consolidation longer > 20 days? Yes
7. Has price volatility contracted from left to right? Yes, seen in multiple tight zones in right half of base
8. Has volume volatility contracted from left to right? Yes, although Xmas - NY week exaggerates this
9. Are there visible signs of demand within the base? Yes
10. Are there visible signs supply has been absorbed? Yes, although would like it to be clearer
Pivot Buy Point (Last 3 Bars)
1. Is there a visible Tight Zone? Yes
2. Have there been 3 Tight Closes?No
3. Has there been a 3 bar constructive correction? No
4. Is there a Bullish Inside Bar? No
AND
1. Has volume dropped dramatically? Yes
2. Can risk be managed under 8% in one of 3 ways? Yes
Other Notes
1. None
Scan Score (Minimum 8/8)
All Trading Dirty stocks have a Scan Score of 8
Structural Score (Minimum 7/10) 8.5
Entry Score (Minimum 1/4 then 2/2) 3
Does this stock meet my 8 point scan criteria? Yes
Structural Checklist
1. Can one my proven price patterns be identified? Yes, a Low Cheat
2. Is the 50D SMA trending up? Yes
3. Has price moved >20% since its last consolidation? Yes
4. Is the weekly RS above its Zero Line? Yes
5. Does price action suggest the stock is consolidating / digesting the recent price move? Yes
6. Is the price consolidation longer > 20 days? Yes
7. Has price volatility contracted from left to right? Yes, seen in multiple tight zones in right half of base
8. Has volume volatility contracted from left to right? Yes, although Xmas - NY week exaggerates this
9. Are there visible signs of demand within the base? Yes
10. Are there visible signs supply has been absorbed? Yes, although would like it to be clearer
Pivot Buy Point (Last 3 Bars)
1. Is there a visible Tight Zone? Yes
2. Have there been 3 Tight Closes?No
3. Has there been a 3 bar constructive correction? No
4. Is there a Bullish Inside Bar? No
AND
1. Has volume dropped dramatically? Yes
2. Can risk be managed under 8% in one of 3 ways? Yes
Other Notes
1. None
Scan Score (Minimum 8/8)
All Trading Dirty stocks have a Scan Score of 8
Structural Score (Minimum 7/10) 8.5
Entry Score (Minimum 1/4 then 2/2) 3