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 |
20070918 | CPO | 43.48 | 38.751635 | 694515.83 | 1 | |
20070918 | VRGY | 24.92 | 23.8674795 | 731344.63 | 1 | |
20070918 | VSR | 7.05 | 6.6695615 | 275897.9 | 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!