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 |
20100722 | CAST | 6.9199999999999999 | 7.09 | 374358 | 2 | |
20100722 | HSY | 47.75 | 42.03 | 1903208 | 1, 3, 4, 5 | |
20100722 | RDY | 28.1 | 26.16 | 505900 | 1, 3, 4, 5 | |
20100722 | VIP | 16.050000000000001 | 18.08 | 4454785 | 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!