Technical Setups are similar to Prime Ideas only in this case the selection process does not include a fundamental review. Stocks are screened for specific technical characteristics and placed in one of the five following trading categories:

Potential Reversals – Long

• Price is between 15 and 50.
• Average daily volume is greater than 250,000 shares per day.
• The Up/Down Volume Ratio Slope is positive.
• The stock is within 1 point of making a 52-week low.

Potential Reversals - Short

• Price is between 15 and 50.
• Average daily volume is greater than 250,000 shares per day.
• The Up/Down Volume Ratio Slope is negative.
• The stock is within 1 point of making a 52-week high.

Oversold Buys

• Price is between 15 and 50.
• Average daily volume is greater than 250,000 shares per day.
• The Slow Stochastic (SLO %K) oscillator is less than 20 which is an oversold condition or the Overbought/Oversold (OBOS) oscillator is +3 or higher.
• The Opinion is Long and the Power Rating is greater than +59.

Overbought Shorts

• Price is between 15 and 50.
• Average daily volume is greater than 250,000 shares per day.
• The Slow Stochastic (SLO %K) oscillator is greater than 80 which is an overbought condition or the Overbought/Oversold (OBOS) oscillator is -3 or lower.
• The Opinion is Avoid and The Power Rating is less than -26.

Power Play

• Price is between 15 and 50.
• Average daily volume is greater than 250,000 shares per day.
• The Fast Stochastic (FAST%K) oscillator is less than 20 which is an oversold condition.
• The stock's Relative Strength as compared to the S&P 500 over the last fifty trading days is greater than 1.05.
• The Up/Down Volume Ratio Slope is positive.