This screen finds stocks that are trading just above a support line. A sell stop order can be put in place as soon as the price breaks down the support level. Another possibility is to buy the stock if a false breakdown occurs and the price is pushed up again.
A collection of screens to find good short trading candidates.
This video shows 5 different short screening ideas which will help you to find the best short trading setups using ChartMill
The Stock Screener supports different support and resistance trading strategies. Some examples are listed in this article.
In this video I am going to share with you 5 different short screening ideas which will help you to find the best short trading setups.
This filter excludes all stocks that have a lower daily average volume than 500K.
This filter excludes all non US stocks.
This filter excludes all stocks that are trading below 5 dollar.
The support line should have a minimum strength of 4. This means that the support line was tested at least 4 times in the past.
This filter finds stocks that are trading above, but close to the support line
This filter excludes all ETFs.
The support line should have a minimum length of 50 days.