Education - Short Scans
I use the following scans to find short setups. They are all based on "Moving Averages." After I run the scan, I scroll over them using a 8 year weekly chart. Patterns are much easier to spot when you stretch the chart out. It also reduces the noise you get when you look at the shorter time frames. I use the scanning software provided by stockcharts.com.
Short Scan #1 [type = stock] and [country = us] and [daily close >= 5] and [daily volume >= 100000] and [daily close >= daily sma(50,daily close)] and [daily close >= daily sma(200,daily close)] and [daily close >= daily sma(20,daily close)]
Short Scan #2 [type = stock] and [country = us] and [daily close >= 8] and [daily volume >= 100000] and [daily high >= daily sma(20,daily close)] and [daily high >= daily sma(200,daily close)] and [daily close <= daily sma(50,daily close)]
Short Scan #3 [type = stock] and [country = us] and [daily high >= daily sma(10,daily close)] and [daily high <= daily sma(200,daily close)] and [daily volume >= 100000] and [daily high <= daily sma(50,daily close)] and [daily high >= daily sma(20,daily close)] and [exchange is Nasdaq]
Short Scan #1 [type = stock] and [country = us] and [daily close >= 5] and [daily volume >= 100000] and [daily close >= daily sma(50,daily close)] and [daily close >= daily sma(200,daily close)] and [daily close >= daily sma(20,daily close)]
Short Scan #2 [type = stock] and [country = us] and [daily close >= 8] and [daily volume >= 100000] and [daily high >= daily sma(20,daily close)] and [daily high >= daily sma(200,daily close)] and [daily close <= daily sma(50,daily close)]
Short Scan #3 [type = stock] and [country = us] and [daily high >= daily sma(10,daily close)] and [daily high <= daily sma(200,daily close)] and [daily volume >= 100000] and [daily high <= daily sma(50,daily close)] and [daily high >= daily sma(20,daily close)] and [exchange is Nasdaq]
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