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 |
20070822 | BPUR | .7303 | 0.6537325 | 598110.88 | 1, 2, 3, 4 | |
20070822 | RHT | 19.56 | -1 | 2256126.46 | 1, 2 | |
20070822 | SRS | 96.75 | -1 | 304142 | 1, 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!