When I see the patterns I see below they usually work. If they don't, cut your loss below today's low.
TIMHY has shown consistent huge volume up days the whole year of 2005. This stock is also forming a tight base with terrific volume characteristics within its year long base. Today's accumulation off the 50 dma looks like institutional support coming in again.
TIII nice breakout from year long cup with handle base. BOP is green, strong accumulation in base, low distribution, and tight price action are all good signs.
LUB breakout on heavy volume from 5 month cup w/ handle base and also 13 month base on top of base. This has the same characteristics as the last two stocks mentioned.
XTND high volume move today within its year long base. Recent action is showing a lot of accumulation with green BOP looking nice also. A move higher seems highly especially with the quiet trade within the base on down days.
Also remember when speculative stocks are moving like this without strong fundamentally sound stocks...that is not good for the market.
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