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 |
20071127 | AMSG | 25.26 | 24.13 | 264014 | 1 | |
20071127 | EDO | 56.15 | 38.41 | 616476 | 1 | |
20071127 | GLG | 12.7 | -1.00 | 260759 | 1 | |
20071127 | MDVN | 14.19 | -1.00 | 306984 | 1, 2, 3, 4 | |
20071127 | OSTK | 22.15 | 21.98 | 419125 | 1, 2 | |
20071127 | TWC | 24.03 | -1.00 | 1555282 | 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!