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 |
20090421 | CMTL | 31.92 | 41.69 | 563824 | 2, 3 | |
20090421 | HAL | 19.96 | 25.35 | 16987269 | 2, 3, 5 | |
20090421 | IFSIA | 4.07 | 6.97 | 434738 | 2 | |
20090421 | LAVA | 1.2 | 2.72 | 264657 | 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!