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 |
20081120 | CBST | 22.07 | 20.36 | 1070420 | 1, 5 | |
20081120 | HGR | 15.5 | 14.37 | 348352 | 1 | |
20081120 | UFI | 3.67 | 3.41 | 471130 | 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!