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 |
20080221 | ALNY | 30.4 | 26.85 | 451124 | 1 | |
20080221 | APP | 12.15 | 12.07 | 259926 | 1 | |
20080221 | AUXL | 31.08 | 22.79 | 466230 | 1, 2, 3, 4 | |
20080221 | CHP | 5.44 | 5.28 | 280588 | 1 | |
20080221 | CSUN | 7.57 | -1.00 | 2973006 | 1 | |
20080221 | FBCM | 6.5 | -1.00 | 280872 | 1, 2 | |
20080221 | ITC | 53.8 | 48.97 | 468903 | 1 | |
20080221 | KNDL | 40.86 | 40.46 | 286582 | 1 | |
20080221 | KUN | 4.6 | -1.00 | 289534 | 1, 2 | |
20080221 | NSC | 52.55 | 52.37 | 3581394 | 1 | |
20080221 | OTEX | 32.7 | 26.52 | 645182 | 1 | |
20080221 | RIGL | 19.65 | 12.87 | 1290026 | 1, 2, 3 | |
20080221 | UTHR | 82.74 | 78.23 | 926048 | 1, 2, 3, 4 | |
20080221 | WMS | 38.32 | 33.36 | 728166 | 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!