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 |
20081204 | AN | 9.3 | 11.93 | 3982281 | 2 | |
20081204 | GIM | 7.84 | 8.64 | 398576 | 2 | |
20081204 | MIN | 5.99 | 6.16 | 372988 | 2 | |
20081204 | PLA | 1.65 | 5.15 | 262150 | 2 | |
20081204 | TIP | 97.93 | 104.39 | 679329 | 2 | |
20081204 | YRCW | 5.37 | 13.35 | 2462071 | 2, 3, 4, 5 |
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!