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 |
20070712 | ASCA | 35.4 | 30.32295 | 523941.34 | 1, 2 | |
20070712 | BDY | 20.73 | 19.94955 | 288764.96 | 1 | |
20070712 | BLG | 14.21 | -1 | 632184.99 | 1 | |
20070712 | CHH | 40.87 | 40.337 | 389773 | 1 | |
20070712 | LOCM | 8.6099 | 4.5789335 | 1074034.27 | 1, 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!