Ep. 86: Dan Fitzpatrick: This Key Indicator Can Help You Screen Stocks Primed To Make Big Moves
Investing With IBD
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The Volatility Squeeze of Starbucks
Dan Smith: Let's look at some examples of a volatility squeeze. One is Starbucks, which has bumped up against 90 bucks about four times total since early September. He says the trading range has been getting tighter and tighter; it's actually making higher lows. The idea here is the stocks trading sideways, it's had a few higher volume days,. And so that makes it a little suspect to me. What I want to see is the stock continue to trade sideways...
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