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 |
20090528 | CDR | 5.25 | 6.87 | 486437 | 2 | |
20090528 | IDTI | 5.65 | 6.17 | 2731292 | 2, 3, 5 | |
20090528 | MRK | 26.77 | 28.32 | 19461334 | 2, 3 | |
20090528 | UNFI | 22.35 | 19.34 | 436330 | 1, 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!