Cwhcharts.com
Title
BreakoutWatch.com - CANSLIM stocks, watchlist, charts, analysis and email alerts
Description
In "How to Make Money in Stocks" 3rd edition, p 124, William O'Neil says "One of the most important price patterns looks like a cup-with-handle". He also identifies the flat base and double bottom as very important patterns.
The O'Neil method (known as CAN SLIM) recommends focusing on fundamentals to find stocks that are worth buying and then to select an appropriate entry point from chart analysis. The problem with this approach is that even if you use tools that select shortlists based on fundamentals, you can still be left with several hundred stocks whose charts need to be reviewed for a valid entry point.
Our mission is to make this process more efficient by automatically selecting stocks that are technically ready to break out and to bring them to our subscribers' attention daily. These stocks are potentially about to move higher, and if they do so on strong volume, then they may make significant gains in the following weeks and months.
