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 |
20070821 | BPUR | .7988 | 0.654231 | 580083.52 | 1, 2, 3, 4 | |
20070821 | NATI | 30.85 | 29.3802 | 395875.07 | 1 | |
20070821 | RHT | 19.81 | -1 | 2295752.46 | 1 | |
20070821 | TWC | 33 | -1 | 1439249.5 | 1 | |
20070821 | WPI | 29.76 | 28.51115 | 1182081.25 | 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!