Would anyone else like to view a chart with this perspective? It puts the quarterly range in a highlight so you can look for beginning-of-quarter to end-of-quarter patterns. You can highlight the year in a different color too so you can see YEAR END very easily. The label could be 1Q instead of 1st Qtr.
You can see here in this break in GLW very easily that the stock is below the levels from last quarter and gives you the idea that the stock may be showing up on valuation screens at major mutual funds and hedge funds. Big money does tend to buy good values on price weakness, so this view would give you and idea of where the stock is in the range very easily.
I would also be interested to see the monthly range boxed in as well inside of the quarterly boxes. It would give a very powerful view of price action that is currently not available anywhere else. Note the 2nd Qtr in Red how the monthly range is boxed in.
Any thoughts or comments?
Cheers.
Tim
You can see here in this break in GLW very easily that the stock is below the levels from last quarter and gives you the idea that the stock may be showing up on valuation screens at major mutual funds and hedge funds. Big money does tend to buy good values on price weakness, so this view would give you and idea of where the stock is in the range very easily.
I would also be interested to see the monthly range boxed in as well inside of the quarterly boxes. It would give a very powerful view of price action that is currently not available anywhere else. Note the 2nd Qtr in Red how the monthly range is boxed in.
Any thoughts or comments?
Cheers.
Tim
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