sharesmadeeasy

Hi,

I’ve been looking around your site for a while now and I find it very useful and informative. I am a student and a beginning trader, and I just wanted to say that I appreciate your efforts to providing free and helpful knowledge on playing the stock market successfully. I will be coming back often.

Wow, great pick! I bought it at $35, sold it today at $49 for a nice profit of 40%! What criteria did you use to find this stock; or in other words, what screening parameters do you use to search for good Pennant Up’s?

Thanks,
Troy

I found MXC on a breakout to fresh new highs on a large increase in volume. Then watched it until it formed a suitable entry pattern. In this case it was a Pennant Up, but could have been a Flag Up, Darvas Box or even something else. It’s a matter of keeping an eye on the most active stocks every week and waiting for an entry that meets your risk and money management rules.