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Old 10-12-2007, 05:32 PM
rayl54292 rayl54292 is offline
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Re: [VSA] Volume Spread Analysis

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Per what Pivot has told me, BootCamp is definitely worth the money.

Now...here's a stock I picked up on while learning this new scanning software I'm testing out.

PCU

It's a copper mining company, and copper's been on a tear. This was some GREAT VSA stuff here. Gap down into the 200ma which was bought as evident by the hammer. The stock still closed below the close of the prior bar, so still looked "bad" at the end of the day ticker. Looking closer we see...

Enormous volume with a hammer closing at the highs. Awesome yet? Well, next day gapped UP and closed the gap only to trade up again and give another hammer! Currently sitting 56% higher from the close of that second hammer. Yesterday had nice increase in volume, nice spread, closed just off the highs breaking a minor resistance. Yum...VSA tastes like cake sometimes

nice job. if possible can u share the name of your scanning software? i've worked on a few things with mixed results. thanks in advance, for this chart and your contribution to fowarding the art of VSA.

r

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