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 |
20070522 | DRS | 48.96 | 48.8321 | 414710.47 | 1, 3, 4 | |
20070522 | FAX | 6.46 | 6.24623 | 491893.92 | 1 | |
20070522 | NAT | 38.24 | 35.264345 | 267171.08 | 1 | |
20070522 | PAET | 11.22 | 8.86315 | 580177.84 | 1 | |
20070522 | PPT | 6.45 | 6.39564999999999 | 416452 | 1, 2, 3, 4 | |
20070522 | TXN | 35.49 | 31.32245 | 17163258.61 | 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!