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 |
20070615 | CAH | 69.95 | 68.6998 | 2069358.96 | 1, 2, 3, 4 | |
20070615 | JSDA | 14.84 | 14.4997245 | 2209284.82 | 1 | |
20070615 | RAD | 6.12 | 5.5086 | 6612982.65 | 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!