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 |
20090130 | BEC | 49.72 | 61.05 | 716937 | 2, 3 | |
20090130 | CMP | 60.17 | 62.42 | 833017 | 2, 3, 4, 5 | |
20090130 | EAD | 7.09 | 8.45 | 346872 | 2 | |
20090130 | IMMR | 5.19 | 6.42 | 366824 | 2 | |
20090130 | IVC | 19.06 | 19.59 | 330811 | 2, 3, 4, 5 | |
20090130 | PZZA | 19.01 | 23.92 | 300761 | 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!