Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.
Date | Sym | L/S | Close | MA(200) | Vol MA(100) | Reason |
20070504 | CMI | 90.27 | 64.813875 | 2123943.45 | 1 | |
20070504 | CTSH | 83.9 | 79.835265 | 1690191.93 | 1 | |
20070504 | DRQ | 45.67 | 39.5847 | 562589.51 | 1, 4 | |
20070504 | EPD | 31.86 | 28.8371 | 657610 | 1 | |
20070504 | LJPC | 5.73 | 4.082715 | 504213.09 | 1 | |
20070504 | NMX | 122.84 | -1 | 911106.62 | 1 | |
20070504 | SMRT | 15.08 | 14.64135 | 341693.1 | 1, 2, 3, 4 | |
20070504 | SYT | 36.85 | 34.0756 | 342780.2 | 1, 2, 3, 4 |
1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.
Happy Trading!