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.
L-3 Communications
(
LLL |
Quote |
Chart |
News |
PowerRating)
Â
Microsemi
(
MSCC |
Quote |
Chart |
News |
PowerRating)
Â
Transkaryotic Therapies
(
TKTX |
Quote |
Chart |
News |
PowerRating)
Â
Univision
(
UVN |
Quote |
Chart |
News |
PowerRating)
Â
Remember, this strategy does not predict the direction
of the move, simply that a move is imminent.
From recent “Charts Ready To Explode,”
CDW Computer Centers
(
CDWC |
Quote |
Chart |
News |
PowerRating) is up almost 9%, Medicis
(
MRX |
Quote |
Chart |
News |
PowerRating) moved 6.5%,
and Kronos
(
KRON |
Quote |
Chart |
News |
PowerRating) exploded 11.5%
This material may be new for some of you. For
more detailed analysis of how to trade using volatility, please see Street
Smarts and Connors
on Advanced Trading Strategies.