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 |
20080319 | GEOY | 27.74 | 27.47 | 317347 | 1 | |
20080319 | IMAX | 6.25 | 5.20 | 393231 | 1 | |
20080319 | KMP | 54.85 | 53.36 | 710114 | 1, 2 | |
20080319 | NX | 49.04 | 47.72 | 489862 | 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!