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 |
20081125 | AN | 7.75 | 12.12 | 4229304 | 2 | |
20081125 | CXR | 4.82 | 10.47 | 349109 | 2, 3 | |
20081125 | VECO | 5.12 | 15.26 | 399134 | 2 |
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!