I’m still watching with slight amazement at how well these HTFs are performing.
Below are the only two stocks that the screen returned for Wednesday. You would want to buy these a nickel or so above the high.
The next step in refining this screen will be to have it eliminate stocks that have gapped up and made a huge percentage gain. Usually these large gappers will be stocks that are getting bought out and will not be suitable for the HTF.
Ideally, the screen will find stocks like COOL, that may have gapped but have generally risen at a 45 degree angle.
