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 |
20090217 | BRKR | 5.13 | 9.57 | 859602 | 2 | |
20090217 | HOTT | 8.97 | 6.76 | 978349 | 1 | |
20090217 | LAB | 6.31 | 5.85 | 617833 | 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!