Float Charts - A Whole New Way of Charting Stocks

 
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.