In this video i'll go over some price retracement trading screens using the 20, 50 and 200 simple moving averages.
mid term trend is up
personal preference
to ensure that the decline is contained within the existing trend.
to ensure that there is sufficient liquidity
This ensures us that the most recent day within the ongoing price decline closed positively
stocks priced too low are sometimes too easy to manipulate
short term trend is up
defining the price retracement
daily charts
Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.