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 |
20080304 | AUXL | 30.97 | 23.56 | 490713 | 1 | |
20080304 | CCC | 15.97 | 13.78 | 692136 | 1, 2, 4 | |
20080304 | CMED | 40.92 | 38.91 | 713992 | 1, 2, 3, 4 | |
20080304 | CN | 58.24 | 56.19 | 329235 | 1, 2 | |
20080304 | CREE | 29.56 | 26.98 | 2411899 | 1 | |
20080304 | DFS | 14.73 | -1.00 | 5674524 | 1, 2 | |
20080304 | EMKR | 10.51 | 9.25 | 1590046 | 1, 2 | |
20080304 | FBN | 12.19 | 11.65 | 912587 | 1 | |
20080304 | HOKU | 9.3601 | 9.22 | 1567085 | 1 | |
20080304 | IBKR | 30.28 | 28.44 | 908424 | 1, 2 | |
20080304 | MATK | 28.22 | 27.44 | 420628 | 1 | |
20080304 | MBT | 81.21 | 74.99 | 1682588 | 1 | |
20080304 | PANL | 16.77 | 16.67 | 326575 | 1 | |
20080304 | QSC | 4.19 | 2.39 | 968124 | 1, 2, 3, 4 | |
20080304 | RSX | 47.86 | 45.29 | 418764 | 1 | |
20080304 | SNA | 49.37 | 49.12 | 534425 | 1 | |
20080304 | TXCO | 13.43 | 11.43 | 496322 | 1 | |
20080304 | UNP | 123.52 | 119.88 | 2747824 | 1 | |
20080304 | VAR | 51.19 | 45.89 | 966446 | 1, 2, 4 |
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!