Snapback Shorts
RUN IN STOCK SCREENER
(9)
Over extended stocks due a snapback. Watch for shorts.
Short
Technical AnalysisStock Screener Settings
Bollinger Bands: close >= up_bol
A close outside of the upper bollinger gives us a strong probability short in the next couple of days as price stays inside the bollinger 95% of the time.
RSI: RSI(14) > 80
Overbought stocks = extra confluence.
Chart Settings
Once these stocks have pulled back and you have profited from short trades, you get then play these long on continuations.
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.