Stocks under $5 nearing support.

Stocks under $5 nearing support. Image
RUN IN STOCK SCREENER
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I use this screen to find stocks nearing support with upward trend. I buy the stock in lots and if stocks continues to fall I buy and average down. I also look closely at energy stocks and mining stocks. Stocks that correlate with the oil and gold market.


Stock Screener Settings

Average Volume: 50 SMA > 300K

Price action

Relative Strength: CRS > 50

Stock needs to have high relative strength, you can change this to 70 or 80 and get fewer results but stronger stocks.

Price: Below 5

Finding cheaper stocks so I am able to average down if need be

Exchange: US Only

No foreign stocks that might be affected by governments

Support: close 1% from S1

Looking for price consolidation

RUN

Regional Run

Run this screen in your favorite region. You can always further fine tune the screen by changing the general settings after it opened in the screener.