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 |
20080229 | ACOR | 20.44 | 20.00 | 430394 | 1 | |
20080229 | CMO | 17.22 | 11.66 | 607760 | 1 | |
20080229 | DBTK | 10.39 | -1.00 | 342957 | 1, 2, 3, 4 | |
20080229 | INFA | 17.46 | 15.88 | 1638572 | 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!