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Intuit, Inc. (INTU) Message Board

  • ignuma ignuma Aug 20, 2010 9:24 PM Flag

    what is flat channel breakout?

    INTU is one of the flat channel breakout detections...

    In spite of the indecisive market, there are a lot of good trading opportunities daily - stocks that breakout of their long term trading range due to a unexpected news or good earning outlook. They form unique chart pattern called "Flat channel breakout". Characteristics of this pattern is a long period of narrow trading range followed by sudden increase in price and volume. This is just one of many criteria screenulator - the chart pattern screener screens for daily.
    Some of the recent results from the past week are: CRM, INTU, NTES, ENDP, FRG, GBG

    For more detailed analysis please go to: http://www.screenulator.com/cgi-bin/view_screen?id=12

 
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