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 |
20080129 | ABBI | 21.47 | -1.00 | 374133 | 1, 3, 4 | |
20080129 | CNE | 13.19 | -1.00 | 1317990 | 1 | |
20080129 | FDP | 31.32 | 27.66 | 679817 | 1 | |
20080129 | REGN | 21.01 | 20.73 | 682258 | 1 | |
20080129 | TWTI | 8.1 | 7.50 | 257047 | 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!