How can I find up-trending stocks with small rounding base consolidation? #135
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dhanghan93
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It is possible to find U/V shape rounding bottoms with explicit input of maximum number of days (candles) during the screening. I will update here if I implement this in subsequent version updates! |
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When I say up-trend : 50 EMA > 200 EMA.
Small rounding base consolidation: candles creating a U shape base.
U shape base should have a lower volume compared to the recent previous breakout (weak hands are booking their profits).
Reference image: https://www.tradingview.com/x/GvdQR80k
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