How to screen stocks using the Finviz tool
This is a simple tutorial on one way of screening for stocks with Finviz. In this video it will show you how to find stocks that are breaking out on volume. It is a common term and you will probably come across it again. It doesn’t mean you should buy it right away and you certainly don’t want to buy at a peak or resistance level. You would want to add it on your watch list and try to buy it at a support level. If there has been a true trend direction change and you map out the support line you would want to buy somewhere around the orange hearts on the chart below:
However if it is a truly powerful move it may only come back to retest the 3.60 once more before heading upward. If this is the case you would want to take a partial position and wait for confirmation before adding any further so if you are wrong you can exit without any harm being done. Be sure to get your free share of stock using this link and you can monitor its progress. Use the one share technique we went over in the previous article.
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