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 |
20080128 | ABBI | 21.47 | -1.00 | 374133 | 1, 3, 4 | |
20080128 | ISIS | 15.15 | 13.23 | 2241031 | 1 | |
20080128 | REGN | 21.63 | 20.75 | 687206 | 1 | |
20080128 | STEC | 7.99 | 7.56 | 393786 | 1, 4 | |
20080128 | TWTI | 8.35 | 7.49 | 258379 | 1 |
1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.
Happy Trading!