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 |
20090422 | CHA | 44.31 | 41.14 | 414884 | 1 | |
20090422 | CMTL | 32.94 | 41.62 | 571784 | 2, 3, 5 | |
20090422 | GSIG | 1.18 | 2.27 | 377740 | 2, 3, 4, 5 | |
20090422 | IFSIA | 4.41 | 6.93 | 436939 | 2 | |
20090422 | LAVA | 1.23 | 2.70 | 261775 | 2 | |
20090422 | NVO | 45.99 | 52.32 | 441643 | 2, 3 |
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!