mikegriffin2020
@mikegriffin2020
United Kingdom
Scan the US stock market (large-cap and mid-cap equities) and identify the top 10 bullish momentum continuation setups based on the following strict criteria: TREND & MOMENTUM FILTERS: – Short-term trend: Strong Uptrend (price above 20EMA and 50EMA) – Medium-term trend: Uptrend or Strong Uptrend (price above 100EMA and/or 200EMA) – MACD: Bullish crossover (MACD line above signal line) – MACD Histogram: Increasing (at least 2 consecutive periods of expansion) – RSI (14): Between 50 and 65 (healthy momentum, not overbought) VOLUME & LIQUIDITY: – Relative Volume ≥ 1.2 (above average participation) – Market Cap ≥ $2B (to ensure liquidity) – Average daily volume ≥ 1M shares PRICE STRUCTURE: – Identify clear bullish continuation patterns (e.g., bull flag, ascending triangle, cup & handle, trend channel, breakout + retest) – Avoid extended parabolic moves or late-stage exhaustion OUTPUT REQUIREMENTS (FOR EACH OF THE 10 STOCKS): Ticker and company name Current price Pattern type (e.g., bull flag, breakout retest) Entry zone (specific price range) Support level (key technical support) Resistance level (next major resistance) Stop loss (just below support) Target price (based on resistance or measured move) Risk/Reward ratio (minimum 2:1 preferred) Volume analysis (confirmation or divergence) Momentum analysis (MACD + RSI interpretation) Confidence grade (A, B+, B, etc.) ADDITIONAL RULES: – Prioritize stocks with strong relative strength vs S&P 500 – Prefer clean chart structures over noisy setups – Avoid earnings announcements within the next 7 days – Sort results by market cap (largest first) FINAL OUTPUT FORMAT: Present results in a structured table followed by short commentary (2–3 sentences per stock explaining the setup quality and risks).
Not investment advice. The author may have financial interests in the mentioned instruments.
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