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 |
20100512 | BR | 21.94 | 21.57 | 916513 | 1 | |
20100512 | MFC | 18.62 | 19.50 | 1851299 | 2 | |
20100512 | TRAK | 16.86 | 18.09 | 422400 | 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!