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 |
20080206 | ABAX | 26.82 | 25.79 | 365498 | 1 | |
20080206 | AUY | 14.56 | 12.95 | 9615135 | 1 | |
20080206 | GSS | 3.72 | 3.67 | 5146881 | 1 | |
20080206 | MO | 72.76 | 71.45 | 11396479 | 1 | |
20080206 | NBF | 1.96 | -1.00 | 388856 | 1, 2 | |
20080206 | PPDI | 42.08 | 38.45 | 860186 | 1 | |
20080206 | TRE | 5.78 | 5.56 | 353270 | 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!