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 |
20071221 | ABBI | 21.47 | -1.00 | 374133 | 1, 3, 4 | |
20071221 | ASML | 31.95 | -1.00 | 2653730 | 1 | |
20071221 | FRO | 46.55 | 43.25 | 1416340 | 1 | |
20071221 | GNBT | 1.7399 | 1.61 | 897389 | 1 | |
20071221 | QMAR | 23.1 | 19.00 | 840298 | 1 | |
20071221 | UST | 54.56 | 53.73 | 1410010 | 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!