How many super gainers showed accumulation or distribution in the base?
Only one of the 18 super gainers showed net weekly distribution in the base. Five showed neither distribution nor accumulation, and 12 showed net accumulation.
Only two stocks of the 49 breakouts had every factor right. They were Chipotle Mexican Grill (CMG), which rose 70% in three months, and Amerigroup (AGP), which gained 68% in six months.
Here is the link where I found this
http://education.investors.com/investors-corner/665528-what-makes-a-great-growth-stock-work.htm and its the last para
This was great, thank you so much..I was also hearing the other day that not all chart patterns(cup,cup and a handle, consolidation etc ) are correct till the time you watch the associated volume with it, is that true.Would you explain us the same in the next video.Thanks againRegards
Aman
On Saturday, August 10, 2013 6:01:16 PM UTC-5, Natalia wrote:
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I have to admit that I am mathematically challenged most of the time.... I'd like to share with you the easy way to measure base structure depth & length...It's my first video, pardon the mess, your feedback are always greatly appreciated so I can keep improvingAs always all educational piece is documented on our Google Groups to review later here: https://groups.google.com/forum/?fromgroups#!forum/plano-ibd-meetupHave a great weekend~ Natalia