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
Expedia
(
EXPE |
Quote |
Chart |
News |
PowerRating)
Chiron
(
CHIR |
Quote |
Chart |
News |
PowerRating)
Hotel Reservations Network
(
ROOM |
Quote |
Chart |
News |
PowerRating)
Remember, this strategy does not predict the direction
of the move, simply that a move is imminent.
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.