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 |
| 20070907 | TEO |  |
23.78 | 22.44555 | 321130 | 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!
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 |
| 20070906 | XFML | |
5.54 | -1 | 993200.07 | 1, 2 |
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!
There is nothing I hate more than turning a winner in a loser. I have to get into the habit of moving my stops every night to prevent this from happening. I was still running a chance of losing but I would have lost less. I picked up MATK on 8/31 at 27. I had broken through the mid-August resistance so it was looking good to jump up a few cents. I did not double check my charts well and missed when it broke the 28 and change resistance level from mid-July. Combined with the market drop this morning, MATK took a dive and what looked like a nice gain yesterday on my cheat was turned into an instant losing at opening bell this morning.
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 |
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!
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 |
| 20070831 | MCK | |
57.21 | 56.8432 | 1994472.23 | 1, 2 |
| 20070831 | NXTM | |
12.42 | 11.8963245 | 264919.36 | 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!
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 |
| 20070831 | MCK | |
57.21 | 56.8432 | 1994472.23 | 1, 2 |
| 20070831 | NXTM | |
12.42 | 11.8963245 | 264919.36 | 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!
My entry was at 68.29, a little too high for today. Signal pretty good on chart. Just broke past recent high. We had a recent downtrend which seems to have formed a double-bottom. Past few days had the price in range around the previous support/resistance levels and it seems we finally broke out. We will see where this takes us. The big concern here is that this is a false signal induced by the bullish behavior of the market today.
