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 |
20070507 | CMI | 89.2 | 64.969125 | 2133220.21 | 1 | |
20070507 | CTSH | 81.36 | 79.9187650000001 | 1713771.22 | 1, 2, 4 | |
20070507 | FALC | 11.12 | 8.7352 | 471586.51 | 1 | |
20070507 | SMRT | 15.05 | 14.6486 | 343945.61 | 1 |
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!