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 |
20080111 | ABBI | 21.47 | -1.00 | 374133 | 1, 3, 4 | |
20080111 | ALXN | 66.75 | 59.50 | 661030 | 1, 2, 3, 4 | |
20080111 | AME | 41.92 | 40.98 | 528051 | 1 | |
20080111 | CBAK | 4.55 | 4.46 | 1971176 | 1 | |
20080111 | CBI | 52.93 | 42.88 | 883437 | 1 | |
20080111 | CSUN | 12.12 | -1.00 | 2931381 | 1 | |
20080111 | CY | 29.83 | 27.17 | 4612446 | 1 | |
20080111 | EMR | 51.39 | 49.89 | 3183381 | 1, 2 | |
20080111 | GME | 52.12 | 46.52 | 3078715 | 1 | |
20080111 | HNSN | 25.52 | 24.60 | 513208 | 1 | |
20080111 | HSC | 56.81 | 55.15 | 470747 | 1 | |
20080111 | MA | 179.17 | 156.75 | 3554352 | 1, 2, 3, 4 | |
20080111 | MT | 67.07 | 66.18 | 2440383 | 1 | |
20080111 | NTCT | 10.62 | 10.04 | 340929 | 1 | |
20080111 | RT | 6.01 | -1.00 | 887373 | 1, 2, 3, 4 | |
20080111 | SOLF | 25.2 | 14.46 | 2352348 | 1 | |
20080111 | SPWR | 108.68 | 81.89 | 2233318 | 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!