I have been pondering this problem over the whole weekend. Metastock software has a 52 week high search, but it requires changing a parameter in the search EVERY SINGLE DAY ONE WISHES TO SEARCH FOR STOCKS BREAKING OUT OF 52 WEEK HIGHS. So I think I may have come up with a logical explanation.
It is the PRICE AND VOLUME BREAKOUT that is explained at http://www.sharetradingeducation.com/ValuedPartners/MetastockSoftwareFormulae.aspx
Once I pick up a stock on this one, I will look to see if this is a 26 week/6 month new high. Once that is determined, the Darvas theory is going to be implemented.
I performed the search, but none of them were new 26 week highs. With that in mind, watch MIR (not MR), ICON, BSM, RATE, and VCLK.
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