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 |
20090423 | ACIW | 17.56 | 16.66 | 349182 | 1 | |
20090423 | NVO | 48.68 | 52.25 | 457964 | 2, 3, 4, 5 | |
20090423 | TLK | 27 | 25.83 | 317671 | 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!