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 |
20070706 | LJPC | 4.38 | 4.3702275 | 697827.93 | 1 | |
20070706 | WXS | 33.84 | 30.2162 | 266395.01 | 1 | |
20070706 | WYY | .91 | -1 | 281909 | 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!