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 |
20090226 | CBRL | 21.79 | 22.72 | 618360 | 2, 4, 5 | |
20090226 | CMA | 16.51 | 25.87 | 3978881 | 2, 3, 5 | |
20090226 | KEY | 8.05 | 11.07 | 11223370 | 2, 5 | |
20090226 | MDTL | .55 | 2.38 | 322989 | 2, 3 | |
20090226 | STI | 12.95 | 35.36 | 10460067 | 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!