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 |
20071228 | ABBI | 21.47 | -1.00 | 374133 | 1, 3, 4 | |
20071228 | CNIC | 1.47 | -1.00 | 376001 | 1 | |
20071228 | DEEP | 5.2799 | -1.00 | 340569 | 1 | |
20071228 | NATI | 33.58 | 31.74 | 294509 | 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!