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 |
20080222 | ALNY | 29.3 | 26.90 | 453109 | 1 | |
20080222 | ASTI | 15.11 | 13.49 | 681971 | 1 | |
20080222 | CRDC | 8.38 | 7.92 | 496789 | 1 | |
20080222 | CSUN | 7.24 | -1.00 | 2970921 | 1 | |
20080222 | FBCM | 6.26 | -1.00 | 256841 | 1, 2 | |
20080222 | INCY | 9.91 | 7.95 | 1424613 | 1 | |
20080222 | OTEX | 31.75 | 26.56 | 645168 | 1 | |
20080222 | TMTA | 12.75 | 6.43 | 259864 | 1, 2, 4 | |
20080222 | UTHR | 81.98 | 78.33 | 930428 | 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!