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 |
20080227 | ACOR | 21.96 | 20.02 | 423722 | 1 | |
20080227 | JASO | 15.9 | 15.23 | 9097904 | 1 | |
20080227 | MA | 191.19 | 169.23 | 3897692 | 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!