Ducimus adds MAD.V to his watchlist.Having examined the chart of each of the
stocks returned on
last night's market scan, this stock attracts
my attention by displaying characteristics signallinga
potential entry into Stage II. I therefore added it
to my watchlist.
The market scan uses a "
Stockcharts" search syntax I personally developed, in order to identify
stocks
likely to display the characteristics of
stocksentering Stage II, as described by Stan Weinstein. The
principal scan criteria are basically set to identify
stocks whoseprice is above their 150-day Moving
Average and whose daily volume isat least 50,000 and exceed by a margin of 3:1 the usual volume
levelsdisplayed in the last 2 months.