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 |
20081016 | AAI | 3.38 | 4.38 | 3801351 | 2, 3, 5 | |
20081016 | DAL | 8.84 | 9.46 | 17325978 | 2, 3 | |
20081016 | LAB | 5.45 | 5.80 | 835136 | 2 | |
20081016 | NPBC | 15.22 | 15.61 | 945104 | 2 | |
20081016 | SCUR | 5.61 | 5.90 | 1116647 | 2 | |
20081016 | UAUA | 10.3 | 17.12 | 18707638 | 2, 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!