I've just build a quick screen called "Hottest Stock" off @tradingview v2 tailored for individuals seeking stocks akin to $POET chart. This scan sifts through stocks that have exhibited significant momentum over the past month of trading, while also consolidating within a defined range over the past week. Parameters can be further loosen or tighten to your liking (eg. market cap, share float, avg volume). I need to highlight that the initial substantial movement is prioritized in this screening process. A first huge move has to be made. Some other similar names worth mentioning $DJT $ELYM $INDO $RILY $TMDX $WGS $ZURA To catch the initial surge of $POET, you'll require either a pre-market gap-up screener for April 22nd or a post-gap-up continuation base screener for April 23rd. Your approach to capturing stocks like this hinges entirely on your trading strategy and lifestyle preferences. No right or wrong, as long as it is sustainable on the long run for yourself. Pre-market screener example x.com/jfsrevg/status… Post gap up continuation screener example x.com/jfsrevg/status…
I've just build a quick screen called "Hottest Stock" off @tradingview v2 tailored for individuals seeking stocks akin to $POET chart. This scan sifts through stocks that have exhibited significant momentum over the past month of trading, while also consolidating within a defined range over the past week. Parameters can be further loosen or tighten to your liking (eg. market cap, share float, avg volume). I need to highlight that the initial substantial movement is prioritized in this screening process. A first huge move has to be made. Some other similar names worth mentioning $DJT $ELYM $INDO $RILY $TMDX $WGS $ZURA To catch the initial surge of $POET, you'll require either a pre-market gap-up screener for April 22nd or a post-gap-up continuation base screener for April 23rd. Your approach to capturing stocks like this hinges entirely on your trading strategy and lifestyle preferences. No right or wrong, as long as it is sustainable on the long run for yourself. Pre-market screener example x.com/jfsrevg/status… Post gap up continuation screener example x.com/jfsrevg/status…
if you wanna get a more prolonged consolidation like $BMR into this scan, there's 2 way around it. 1. adjust 'Performance Month >30% to Performance 3-Month >30%', 2. have daily ritual conduct this screen, it will appear in your result from 23/2 to 22/3. Results are meant to be kept in a watchlist, for you to continue manually monitoring it, or via a daily 'screening over watchlist' process.
this is my latest updated screen. I'll refine the float, average 60-day volume, or ADR% to keep the results within 20-30 at any point of the time
@jfsrevg @tradingview What's your screening methodology to screen for "also consolidating within a defined range" thanks
I was precisely reviewing @Qullamaggie EPs streams this weekend. I consider EP’s to be the most gigantic contribution he and @PradeepBonde have made to humanity. As of late Q had abandoned breakout setups (high failure rate) and dedicates exclusively to EPs. For those using TC2000 just follow instructions to scan for these setups in this precise location on the YouTube video: youtu.be/1AJIzXSkfyM?si… What puzzles me is why don’t these videos have 1MM+ views. Kristjan, wherever you are, thank you thank you thank you!
@jfsrev @tradingview just recreated your very useful scanner and lots of biotech companies showing up here in consolidation after a big move, have you noticed this as a hot sector so far?
@jfsrevg @tradingview thanks. having trouble with the float. How did you get the way it is set?
@jfsrevg @tradingview If only tradingview as option for OR / And filters You could have used Perf 1W or Perf 1M criteria together
@jfsrevg Hi Jeff, why do you use an absolute amount for the float and not a relative number (%)?
