The 100 point & 200 point barrier (psychology)

[phoenix25140]

I read an interesting article about trading recently which stated 9/10 that stocks which have solid fundamentals, consistent profit results etc and that hover around 100 or 200 point barrier often increase to well above the mark quickly over the next few weeks.

Does any watch stocks around 90 or 190 for breaks of these 100 and 200 barriers?

I havent yet done any research on this subject but il try to find some graphs.

 

[Vicorka]

You may try the filter at
http://www.marketvolume.com/stocks/oversold.asp
(enter to show you stocks between 90 and 190)

In the left hand menu you may find other types of stock filters.