Author Topic: Red to green  (Read 2575 times)

Shanisidhu

  • Newbie
  • *
  • Posts: 3
  • Karma: +0/-0
Red to green
« on: January 27, 2017, 08:31:22 pm »
Hello i am looking for strategy for red to green in short looking for trade-ideas to find stock that went red at open and made u turn and came back to same price ex: abc stock open at 2.00 then red candle sellout happen it went to 1.70 or lower then it come back made a U turn and hit 2.00 mark with in 1 hour of market open.

Thanks please do let me know how i can find

TradeIdeas_DA

  • Administrator
  • Hero Member
  • *****
  • Posts: 728
  • Karma: +9/-2
    • Trade Ideas LLC
Re: Red to green
« Reply #1 on: August 28, 2017, 10:39:07 am »
Hi.

Try looking at our alerts that look for pullbacks from lows. The 75% pullback from lows would give you a head start as to what is coming back.

https://www.trade-ideas.com/Help.html#PFL75C

Another approach is to consider Gap Down Reversals, which are defined here:

https://www.trade-ideas.com/Help.html#GDR

Hope this helps

DA
Follow me on Twitter: http://twitter.com/TradeIdeas