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 |
20100830 | COO | 39.83 | 38.02 | 417419 | 1, 3 | |
20100830 | GDP | 13.35 | 17.58 | 1191071 | 2 | |
20100830 | NRGY | 37.96 | 37.14 | 252278 | 1 | |
20100830 | PEP | 63.6 | 63.52 | 7287966 | 1 | |
20100830 | SBIB | 5.1 | 5.18 | 1117182 | 2 | |
20100830 | UNTD | 5.26 | 6.77 | 732571 | 2 | |
20100830 | WCBO | 2.38 | 2.61 | 432133 | 2, 3, 4 |
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!