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Thursday, January 29, 2009

Daily Breakout candidates January 30



Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. ( AMZN, CA,COST,CTAS,FMCN,HANS,
IACI,INTU,NIHD,SNDK,TEVA) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are here

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