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 |
20070601 | ACOR | 19.7 | 16.631995 | 381633.5 | 1 | |
20070601 | BDX | 76.02 | 73.64275 | 1059479.98 | 1 | |
20070601 | MRK | 52.14 | 45.0933 | 10694935.16 | 1 | |
20070601 | TOMO | 14.6 | 13.9138 | 250468.2 | 1, 2, 4 | |
20070601 | TSL | 42.55 | -1 | 931903.25 | 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!