Solar Stocks Making High Tight Flags Mon Jan 28, 2013 7:39am 5 And some other non-solar High Tight Flags are below… Tweet 5 Responses to “Solar Stocks Making High Tight Flags” zstock (@zstock) January 28, 2013 at 2:59 pm S and P Q1 earnings forecast. http://zstock7.com/ zstock (@zstock) January 28, 2013 at 3:01 pm solar sucks! i missed the multi month ramp, Alex January 28, 2013 at 3:50 pm PACB looks the most interesting – potential takeover target http://seekingalpha.com/article/1107311-is-pacific-biosciences-a-possible-takeover-target?source=yahoo mao_junior January 28, 2013 at 7:58 pm Woodshedder, once ur screen has narrowed down a series of flags like this..what qualifies them further for you to initiate trades? TIA Woodshedder January 28, 2013 at 8:33 pm Bulkowski waits for a breakout 1 penny above the highest high of the flag pole. As best as I can tell, this is the highest intraday high, and not the closing high. However, what I really like is waiting for a flag low to be established. Once that low is not broken for 3 days, a trade is established, with a stop just beneath the flag low. At that point you are in the trade and waiting for it to breakout. Because I am more comfortable trading mean reversion, I like the second method better, but because I have not been able to backtest the first method, I cannot say for sure which one is better. Bulkowski swears by the first method. Comments are closed.