Nothing found this week. Usually I scan very strong stocks with decent volume, the results are 200 to 300 stocks then I hand pick those with base and breakout pattern. Today the scan found only 62 stocks, so very hard to find candidates.
I’m not sure if we’re in bear trend now, at least it’s not a mature bear so no candidates for short as well.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.