Stocks under $5 nearing support.
RUN IN STOCK SCREENER
(34)
I use this screen to find stocks nearing support with upward trend. I buy the stock in lots and if stocks continues to fall I buy and average down. I also look closely at energy stocks and mining stocks. Stocks that correlate with the oil and gold market.
Long
Technical AnalysisStock Screener Settings
Price: Below 5
Finding cheaper stocks so I am able to average down if need be
Exchange: US Only
No foreign stocks that might be affected by governments
Support: close 1% from S1
Looking for price consolidation
Relative Strength: CRS > 50
Stock needs to have high relative strength, you can change this to 70 or 80 and get fewer results but stronger stocks.
Average Volume: 50 SMA > 300K
Price action
Regional Run
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.