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 |
20071010 | CG | 83.2 | 75.0841 | 787604.46 | 1 | |
20071010 | ELNK | 7.71 | 7.4149755 | 2425406.11 | 1 | |
20071010 | MW | 48.48 | 47.47605 | 699968.37 | 1, 2 | |
20071010 | WPI | 31 | 29.4949 | 1064306.19 | 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!