The Picture Worth a Thousand Words

View Three Graphics That will Help You Understand Float Charts:

View 3
The Best of All
Here's the best graphic to understand Float Charts.
Make sure you've studied View 1 and View 2 before
you study this one. They build on each other.

Here are the reasons why this is the best graphic of the three. This one explains how the Current Float Box is chugging along like a railroad boxcar and is laying down channel line tracks as it goes. It explains how using the Stockshare V2 Software allows us to move the box into the past so that we can see where it was at previous bottoms and tops. It shows how support in an up-trend market comes in at the 50% or lower (100%) float lines. It shows how stocks find support at the 50% Float Channel Line and most importantly, it shows how follow through days confirm price direction.