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.
Â
Continental Airlines
(
CAL |
Quote |
Chart |
News |
PowerRating)
Affymetrix
(
AFFX |
Quote |
Chart |
News |
PowerRating)
Â
Biovail
(
BVF |
Quote |
Chart |
News |
PowerRating)
Getty Images
(
GETY |
Quote |
Chart |
News |
PowerRating)
Silicon Valley Bancshares
(
SIVB |
Quote |
Chart |
News |
PowerRating)
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 Street
Smarts and Connors
on Advanced Trading Strategies.