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 |
20080918 | HMY | 9.67 | 10.99 | 2100371 | 2, 3, 4, 5 | |
20080918 | IMCL | 57.51 | 46.38 | 2038893 | 1, 4 | |
20080918 | KNL | 15.18 | 14.23 | 451334 | 1, 3, 4, 5 | |
20080918 | PNSN | 13.16 | 12.65 | 303568 | 1, 3, 4, 5 |
1. 5 Consecutive down days.
2. 5 Consecutive up days.
3. Volume is 30% over the 10-day moving average.
4. Volume is 70% over the 30-day moving average.
5. Volume is 50% over the 50-day moving average.
Happy Trading!