Is there a way to add an amendment which will pick up stocks which have made a 30-100%+ move prior to consolidation?
Qualimaggie: A big move higher sometime in the past 1-3 months. This move can be anywhere from 30-100%+ and usually lasts a few days to a few weeks.
An orderly pullback and consolidation with higher lows and tightening range in the consolidation phase.
A range expansion (breakout) out of that consolidation. The consolidation phase is usually 2 weeks to 2 months. During the consolidation the stock price “surfs” the rising 10- and 20-day. and sometimes toe 50-day moving average.