iBankCoin
Joined Nov 11, 2007
1,458 Blog Posts

New High Tight Flags for Friday

With today’s $SPY breakout to 5 year highs, the number of high tight flags has also exploded…

$GRPN would not likely pass Bulkowski’s criteria for a HTF as it does not rise from a a gentle slope. Instead, it was born out a classic V bottom.

Notice the difference between the bases in $JKS and $GRPN.

Our old friend $SNFCA is working on another breakout…

The $TROV base is a classic HTF base. Bulkowski would likely rate it highly.

$UNXL was also born from a great HTF base.

Great looking flag on $WRN.

Have a great Friday!

 

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3 comments

  1. DJMarcus

    hey wood – any reason why F wouldn’t make the cut?

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    • Woodshedder

      It needs to rise at least 90% in 2 months to qualify.

      And $F needs one more day to make a flag.

      But the main thing is the 90% in 2 months rule.

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      • Alex

        what about ONVO? its already broken out but looks like it would have qualified last week. I’m still trying to understand the rules for HTF

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