Charts Ready To Explode
The following
charts show the recent price action of stocks meeting low-volatility criteria as
specified by research from Larry Connors. These stocks also have short-term
consolidation patterns. Stocks exhibiting these characteristics have a
greater-than-normal tendency to explode from their consolidation.
AFC Enterprises
(
AFCE |
Quote |
Chart |
News |
PowerRating)
Â
HCA Inc.
(
HCA |
Quote |
Chart |
News |
PowerRating)
Â
Manor Care Inc.
(
HCR |
Quote |
Chart |
News |
PowerRating)
Â
Hanger Orthopedics
(
HGR |
Quote |
Chart |
News |
PowerRating)
Â
From recent “Charts Ready To Explode,”
(
KKD |
Quote |
Chart |
News |
PowerRating)
down 9.39%,
(
MHK |
Quote |
Chart |
News |
PowerRating) up 11.40%, and
(
BRCD |
Quote |
Chart |
News |
PowerRating) down 20.97%.
Remember, this
strategy does not predict the direction of the move, simply that a move
is imminent.
Always use protective stops on every trade. This material
may be new for some of you. For more detailed analysis of how to trade using
volatility, please see href=”https://www.tradersgalleria.com/galleria.site/books/main/products.cfm?full=1&id=5015″>Street
Smarts and href=”https://www.tradersgalleria.com/galleria.site/books/main/products.cfm?full=1&id=5027″>Connors
on Advanced Trading Strategies.