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 |
20081010 | BRL | 57 | 53.15 | 2850203 | 1, 3, 5 | |
20081010 | NPSP | 5.22 | 4.94 | 564677 | 1, 3, 4, 5 | |
20081010 | UST | 60 | 55.66 | 2568025 | 1, 3 |
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!