FinVigilante
Every night, the breakouts worth your attention. With the levels.
About 2,000 US stocks scanned by rules after the close. Inverse head and shoulders, double bottoms, bases and re-tests, each with its line, trigger, stop and target. In your inbox before the open.
What a member sees
- Symbol
- KSS
- Pattern
- Inverse head and shoulders, 33 weeks
- Line
- 20.41
- Trigger
- 20.87
- Stop
- set at breakout
- Target
- 29.61
- Negation
- 16.21
- State
- approaching the line
One name from a nightly post. Every setup gets a weekly chart, a daily chart, and these eight fields. Nothing is drawn by hand.
The list remembers
Each night opens with what changed since the last one. Confirmations, targets reached, negations with the level that broke, removals with the reason. On Sundays the recap shows how the week's setups resolved, and it is free, whether or not it flatters us.
Confirmed tonight: TEVA (base breakout, close 41.62 over 41.44).
New on the list: E (inverse head and shoulders), HHH (double bottom).
Negated: TARS (closed under 72.76, pattern failed).
Removed: PYPL (trigger is 6 sessions old), AZTA (re-test went through the level).
How a night works
- 4:00 pm ET
Market closes. Final daily bars come in for about 2,000 US stocks.
- 6:15 pm ET
The scanner runs four patterns against every bar it has: inverse head and shoulders, double bottoms, bases near a breakout, pullbacks to a breakout level. Every level is set by code.
- Evening
A trader reads the list and cuts anything that does not look right. Nothing is added by hand.
- Before the open
The post goes to paid members, with what changed at the top.
What we mean by a setup
A pattern is a stretch of time where buyers and sellers fought to a standstill inside a boundary. The line is that boundary. The trigger is a close half an average true range past it, so a utility and a biotech are held to the same standard. The stop is the low of the last day inside the pattern, Brandt's Last Day Rule, and it does not exist until the breakout does. The target is the measured move. The negation level is where the pattern is simply wrong. The whole method, with its sources, is one page.
What it costs
| Free | Setups $10 a month or $80 a year | |
|---|---|---|
| Sunday recap: the week's confirmations, targets and negations | Yes | Yes |
| Three names closest to a breakout, with charts | Yes | Yes |
| The full list, every trading night | Yes | |
| Trigger, stop, target and negation on every name | Yes | |
| Weekly and daily charts for every setup | Yes | |
| What changed since last night | Yes | |
| Subscribe free | Join Setups |
Cancel any time from your account page. Not investment advice; read the disclaimer.
Questions
Is this investment advice?
No. It is general technical analysis sent to every paid member on the same schedule, not tailored to anyone.
How many setups per night?
However many pass the rules. It varies with the market: a quiet week might give two or three, a strong one more than ten. There is no padding to hit a number.
Where do the rules come from?
Edwards & Magee, Weinstein, O'Neil, Minervini, Bulkowski, Brandt and Kibar, each credited for the specific rule on the How it works page.
Which timeframe?
Reversal patterns are read on weekly bars; breakouts and re-tests on daily bars. Every name gets both charts.
Can I cancel?
Any time. You keep access through the period you paid for.