In this video i'll go over some price retracement trading screens using the 20, 50 and 200 simple moving averages.
short term trend is up
personal preference
This ensures us that the most recent day within the ongoing price decline closed positively
to ensure that the decline is contained within the existing trend.
defining the price retracement
mid term trend is up
stocks priced too low are sometimes too easy to manipulate
to ensure that there is sufficient liquidity
daily charts
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.