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Thread: Riding the Wyckoff Wave
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Old 04-12-2008, 08:14 PM
gassah gassah is offline
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Re: Riding the Wyckoff Wave
Stock Selection Part 1

Buying Tests
  1. Objective Accomplished On Down Side - Point & Figure chart used to estimate targets from upper range(s)
  2. Activity Bullish - volume increasing normally on rallies and decreasing on reactions
  3. Preliminary Support- selling climax in background
  4. Stronger than Market - responsive on rallies and resistant to reactions
  5. Downward Stride Broken - supply (down trend) lines penetrated
  6. Higher Supports
  7. Higher Tops
  8. Base Forming
  9. Estimated Probable Profit Exceeds Indicated Risk