For those who trade US Stocks, I have automated screening out stocks that have bullish and bearish patterns. These are the patterns screened:
Multiple Tops, Multiple Bottoms, Channel Up and Channel Down. Do click on
Charts to view the chart pattern formed. This is not a recommendation to buy or sell any of the stocks listed below. You will need to know how to trade these setups. Just because a stock is found under Bullish Pattern doesn't mean it is now the right time to buy. The stocks screened are trading above $10 per share. Only a maximum of 20 stocks per pattern is shown. Clicking on Charts would be able to view more stocks that formed the pattern.
Before buying any stock, it is useful to check out the overall performance of the sector the stock is in. If the sector is bullish, it would not be a good idea to go short on a stock that is in this sector. Sector performance could be found at this
link.
Bullish Patterns
For Channel Up pattern, the stocks listed below are trading <10% of 52 Week Low.
Bearish Patterns
For Channel Down pattern, the stocks listed below are trading <10% of 52 Week High.
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