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 |
20090518 | FDO | 30.04 | 27.62 | 3578779 | 1 | |
20090518 | MXGL | 17.18 | 18.21 | 397933 | 2 | |
20090518 | PTRY | 19.88 | 19.02 | 310922 | 1, 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!