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 |
20081013 | IMMR | 6.2 | 7.90 | 538108 | 2, 5 | |
20081013 | PPC | 3.93 | 18.87 | 3256813 | 2 | |
20081013 | TLT | 94.72 | 93.23 | 2831193 | 1 |
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!