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 |
20080311 | AUXL | 24.98 | 23.86 | 522501 | 1, 2, 3, 4 | |
20080311 | CHTT | 69.49 | 68.54 | 403359 | 1, 2 | |
20080311 | SVNT | 18.55 | 15.71 | 1325299 | 1, 2, 3, 4 | |
20080311 | VION | .4 | -1.00 | 366935 | 1, 2, 3 | |
20080311 | VIVO | 30.02 | 28.31 | 386384 | 1, 2, 3, 4 |
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!