How to setup Double Trouble Scan and chart template
The idea behind the scan is from two books Superperformance Stocks by Richard Love and How I made 2 million Trading Stocks by Nicolos Davas.
Double Trouble is also very good for finding shorts. Stocks that make extreme moves tend to breakdown after such moves and offer very good risk reward short trades. Fors shorting stocks that triple from 52 week low are best candidates. To short them you have to wait for them to breakdown and then short a countertrend bounce.
Source: http://stockbee.blogspot.com/2018/04/how-to-setup-double-trouble-scan-and.html
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