Stocks & Commodities V. 23:1 (18-29): Sidebar: MetaStock Code and Penny Stock Breakout System by Markos Katsanos
This sidebar contains the MetaStock Code and Penney Stock code for Markos Katsanos' penny stock breakout system. The majority of the stocks broke out of a base formation. Breakouts from pennats or flags were excluded from ths study, as the breakout setup tended to bary substantially from typical stocks in the sample. No other distinguishable formations was observed except for a couple of uncompleted cup-with-handle formations.