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 |
20080212 | GEOY | 31.04 | 25.92 | 367553 | 1 | |
20080212 | TDC | 21.75 | -1.00 | 1464519 | 1, 2, 3, 4 | |
20080212 | VTA | 14.86 | -1.00 | 414347 | 1, 2 |
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!