Lizard Tail Bullish buy scan made famous by Jeff Cooper: On Day 1 the stock makes a 10 day low and the open and close are in the top 25% of the daily range. Go long above the Day 1 high on Day 2.
WPX on 1/20/16 met the above criteria for a Lizard Tail Bullish Setup as shown on the daily chart below.
The 5 minute chart below shows the long trade triggering at $3.73 when WPX traded over the previous day high. WPX traded to an intraday high of $4.43, and a high of $5.55 six days later. Lizard Tail Bullish Setups make great swing trades and day trades.
Each day after the market close, we run multiple custom designed scanning algorithms that provide stocks for the next trading day swing trade list. If you would like to become a member of our swing trade service, the membership options are listed below.
Here are the Lizard Bullish stocks on 3-23-2017 for trading on 3-24-2017
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