Which way? Penny Stocks education

Smokey said:
As for indicators I think any volume indicator like up/down vol ratio I think would be very good for breakout stocks at this range. What do you guys think?
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A few ways to do this.
Identify very high volume % differential to long term volume.
So for this, you need to know average volume over the past few weeks or months.
Certain data providers offer this, or calculate it yourself.

Another method, calculate turnover (current price x current volume)
Certain data providers offer this, or calculate it yourself.
What you are looking for is high turnover relative to current price.

The other method I mentioned, you wanna see high turnover per minute, preferrably ongoing through out the day.

Another method, look at DOM, do you have numerous buyers queued up.
Calculate their average buy prices.

That's enough sweet fed info, work the rest out yourself. :)
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Here's another sweety, wish she would run my way.. :)
 
One more morsel, I think you can get all the information other than live data from free Tradingview Screener, just need to be registered.
20 minutes delay is hardly a disadvantage, besides, often your broker can supply you free live intraday data which will fill in any otherwise data gaps.
 
themickey said:
One more morsel, I think you can get all the information other than live data from free Tradingview Screener, just need to be registered.
20 minutes delay is hardly a disadvantage, besides, often your broker can supply you free live intraday data which will fill in any otherwise data gaps.
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Dropped some real gems in here Mickey, thanks so much.

I actually am using free-TV screener at the moment. I've heard good things about Think or Swim; have you tried that one?
 
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