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• Trading Stochastic Pops by David Steckler

  ARTICLE SYNOPSIS ...Trading Stochastic Pops by David Steckler You can identify breakouts using stochastic pops. What are they, anyway? Many equity traders strive to identify stocks that are ready to break out and begin a sustained price move up. The difficulty lies in identifying which stocks are getting ready to break out and determining when the breakout will occur. One technique I like to use to identify breakouts is the stochastic pop. The ""pop"" comes about when the stochastic indicator goes above the 70 to 80 level. Instead of reversing, however, the stock keeps going and momentum continues to rise. ""S...

AUTHOR: David StecklerDATE: AUG 2000SUBJECT: Indicators