ACCUMULATION, BREAKOUT & FOLLOW THROUGH
The Money Making Power of Float Charts...Accumulation,
Breakout, and Follow-Through Day
Equals BIG Percentage Gains
Here's a Collection of Stock Reports
to Study:
Big Lots (BIG) Up 66%
from its Follow Through Day
Fortress
Investment Group (FIG) Up
89% from its Follow Through Day
Travel Centers of America (TA)
Up 73%
from its Follow Through Day
Rentek Inc. (RTK)
Up 82%
from its Follow Through Day
Buffalo
Wild Wings (BWLD)
Up 47%
from its Follow Through Day
Amazon.com (AMZN) Up 44%
from its Follow Through Day
AKS Steel (AKS) Up 80%
from its Follow Through Day
Baidu Inc (BIDU) Up 51%
from its Follow Through Day
Borders Group Inc (BGP)
Up
218%
from its Follow Through Day
Andersons
Inc. (ANDE) Up 57%
from its Follow Through Day
ADC
Telecom (ADCT)
Up 58%
from its Follow Through Day
Arena Pharaceuticals (ARNA) Up
43%
from its Follow Through Day
A-Power Generation (APWR)
Up 86%
from its Follow Through Day
Wynn
Resorts (WYNN) Up 88%
from its Follow Through Day
Hartford Financial Investment Group (HIG)
Up 92% from its Follow Through Day
Century Aluminum (CENX) Up
162% from its Follow Through Day
Avis
Budget Group (CAR)
Up 155% from its Follow Through
Day
Lamar Advertising (LAMR)
Up 102% from its Follow Through
Day
Superior Well Services (SWSI)
Up 32% from its Follow Through
Day
Boyd Gaming Inc. (BYD)
Up 127% from its Follow Through
Day
Maguire Properties (MGP)
Up 110% from its Follow Through
Day #2
Beazer Homes (BZH) Up
125%
from its Follow Through Day
Capital One Financial (COF)
Up 79%
from its Follow Through Day
Data Domain (DDUP)
Up 109%
from its Follow Through Day
Dollar Thrifty (DTG)
Up 336%
from its Follow Through Day
FUQI International (FUQI)
Up 142%
from its Follow Through Day
Intuitive Surgical (ISRG)
Up 34%
from its Follow Through Day
Zale Corp.(ZLC)
Up 90%
from its Follow Through Day
Qiao Xing Universe (XING)
Up 34%
from its Follow Through Day
Whole Foods Market (WFMI)
Up 81%
from its Follow Through Day
Genworth Financial (GNW)
Up 93%
from its Follow Through Day
Blue Nile (NILE)
Up 60%
from its 2nd Follow Through Day
Pzena Investment Management (PZN)
Up 117%
from its Follow Through Day
Orexigen Therapeutics (OREX)
Up 79%
from its Follow Through Day
Canadian Solar (CSIQ)
Up 112%
from its Follow Through Day
Rentek Inc. (RTK)
Up 82%
from its Follow Through Day
Keryx Biopharma (KERX)
Up 190%
from its Follow Through Day
E.W. Scripps (SSP)
Up 225%
from its Follow Through Day
There are 3 processes that are commonly found on float charts that demonstrate
their powerful ability to pick winning stocks.
1. Accumulation of the floating supply of shares by Smart Money individuals.
The floating supply are the shares actually available for trading. The
gray float box on float charts show the distance on the chart that it takes for
the cumulative volume to equal the number of shares in the float. Think of
it as the area where new ownership buys a majority holding of the shares
available to be traded.
2. Breakout - Once the float is tightly held, any new demand
leads to a rise in prices which causes the price to breakout above the float box. The breakout is the first indication that prices
may be heading higher. The top of the float box is also a strong line
of resistance. This means that prices might head lower from this
point.
3. Follow Through
- To confirm that prices are indeed moving higher, the stocks must
have a follow through day. Follow
through days occur when the price moves strongly higher on above average float
box volume
(120% or greater) . Average Float Box Volume is the average volume within the
distance of
the float box. The red Average Float
Box Volume line tracks it. When these three things occur, particularly at
the beginning of a new broad market
rally, the result is
a big rise in prices. The examples above occurred in the rally that began
in March of 2009.
Silver
Subscribers have access to all Breakout Stocks.
Click Here
Gold Subscribers have access to all
Breakout and Follow Through Stocks.
Click Here
Check Out Our
Win/Loss Performance Tables
Click Here
©2010 FloatCharts.com All rights reserved.
|