StockFetcher Forums · Filter Exchange · cup and handle - check this out<< >>Post Follow-up
rsdivekar
8 posts
msg #32451
Ignore rsdivekar
6/28/2004 3:16:30 AM

I was playing around with moving averages and I found a simple but very
effective way to find "cup-and-handle" formations:- (any suggestions for improvement are welcome)

Fetcher[show stocks where price is above 25 and MA(20) is approaching MA(50)
from below and MA(20) has been increasing for the past 10 days and draw MA(10)
]







siliconhippy
37 posts
msg #32482
Ignore siliconhippy
6/29/2004 8:16:19 PM

Yes, this is interesting.

However I noticed that in many cases the handle formed (if any) seems to be in either the lower half or breaks down. Both are negatives for a proper cup and handle formation.

Today, 6/29 EOD, I got 58 matches.

siliconhippy


xplorer
257 posts
msg #32485
Ignore xplorer
6/30/2004 9:45:26 PM

Hmmm ...I added the "offset 1 day" to see how these "58" that were returned as of yesterday ... and I see alot of green !!!

Play with the offset to look at a bigger offset, and I still see alot of green !

Very interesting !

Fetcher[show stocks where price is above 25 and MA(20) is approaching MA(50)
from below and MA(20) has been increasing for the past 10 days and draw MA(10) and offset 1 days
]




StockFetcher Forums · Filter Exchange · cup and handle - check this out<< >>Post Follow-up

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