eshemuta

Second test of Ichimoku/SMA screener result

Long
NYSE:SID   Companhia Siderurgica Nacional S.A.
Screener setting Daily
This screener looks for uptrend continuations
The screener is fairly crude, so I picked a point
on the the chart that met these 5 conditions of a
Ichimoku signal for an uptrend continuation
1-Price crosses above Kinjun Sen
2 Tenkan Sen Crosses above Kinjun Sen
3 Chiko Span Crosses or is above price
4 Kinko Twist Senko A above Senko B
5 Price breaks or is above Kumo Cloud

Once I determined that,
I plotted 8 SMAs on the screen and
built a "MA Stack"

200
5
10
20
100
50

So in the screener, I set it to to be:
200SMA Above or Equal to SMA 5
5 SMA above 10 SMA
10 SMA Above 20 SMA
20 SMA Above 100 SMA
100 SMA Above 50 SMA
Let's see what happens!
Good technical conditions for a uptrend
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