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 |
20070813 | ASX | 6.02 | 5.98419 | 663968.96 | 1 | |
20070813 | BG | 86.79 | 77.0526 | 1305547.07 | 1 | |
20070813 | PHRM | 39.79 | 28.377825 | 819838.5 | 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!