Trend Reversal in BioTech: Go Long iShares Biotech (IBB) – 11-30-2011

Today I was working on developing a trend reversal stock screen (for my new book) based on the Trending123.com 1-2-3 Bullish / Bearish trend reversals. This strategy is based on the Aroon, Williams %R, and PPO indicators, and is used to time trend reversals. Once I was happy with the filter, I ran the screen, [...]

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WFMI – Rising Three Methods and Bullish Flag

Whole Foods Markets Inc is looking like a very strong buy here. We see a rising three methods Japanese Candlestick Pattern, combined with a bullish flag. The three “inside” candles came on diminishing volume, with day 1 and day 5 coming on strong volume.

Japanese Candlestick Pattern Screen: Rising Three Methods

This is the 9th screen in the series: Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns

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