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 |
20080204 | CNE | 13.19 | -1.00 | 1317990 | 1 | |
20080204 | DDUP | 21.83 | -1.00 | 401332 | 1 | |
20080204 | NBF | 2.03 | -1.00 | 382165 | 1 | |
20080204 | PPDI | 42.73 | 38.39 | 847840 | 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!