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 |
20100901 | BMO | 55.73 | 56.33 | 751744 | 2 | |
20100901 | CSTR | 41.86 | 37.84 | 1526776 | 1, 3, 4, 5 | |
20100901 | SNIC | 8.46 | 9.66 | 598995 | 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!