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Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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Message: Stockscores Weekly Perspectives: How Traders Get Paid - V.FO...

Stockscores Weekly Perspectives: How Traders Get Paid - V.FO...

posted on Apr 11, 2010 06:06PM



Although the basic principles of my trading method stay the same, the way that I find opportunities does change over time. Right now, I like looking for stocks making abnormal price moves out of good chart patterns. I can use the Stockscores Market Scan to filter for potential trades by running the Abnormal Day Up scan available to Pro members. I then inspect the charts to see if the abnormal action is out of one of the predictive chart patterns that I look for.

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1. V.FO
V.FO broke out of a pennant pattern on Friday. This is not an ideal pattern but this stock has been such a strong performer for me in the past that I am willing to consider it despite the overhead resistance showing on the chart. Support at $0.18.

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