Stocks Making: Expansion Breakout on
Rules (via 'Hit & Run Trading'):
Day 1 (today) - Stock must make a two-month calendar High.
Day 1's range must be the largest of the previous 9 trading days.
For the buy: tomorrow only, buy 10 cents above today's high.
Initial maximum risk (stop loss) 1 point under Day 1's close.
Thereafter, use a trailing stop.
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Related Scans:
Breakout
Range Expansion
Swing Setup
Bullish
High Volatility
Strength
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Pro Scan
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Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
JBL | A | 124.95 | 18.80 | 7,085,750 | 5.41 | |
FN | A | 167.90 | 5.65 | 815,615 | 2.37 | |
FERG | A | 168.00 | 2.83 | 1,676,620 | 1.84 | |
WU | A | 13.45 | 2.91 | 7,582,068 | 1.83 | |
ARLP | A | 22.95 | 3.71 | 647,001 | 1.42 | |
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Related Scans:
Breakout
Range Expansion
Swing Setup
Bullish
High Volatility
Strength
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
T
TraderMike 6 months ago
Really interesting to see GOOG & MSFT on this list today. Big cap tech is on a serious roll!
D
S
SwingScalp 6 months ago
I have the big cap tech names on my Shorts watchlist. I know that seems nuts. But my plan is to fade the Q1 2023 rally. Shorted GOOG at $108 yesterday which apparently ran up on some AI hype. For next week TSLA, NVDA (again; had a gain on my recent short and will look to ride it down again) and AMD look like possible shorts. Might be a little while before I try AAPL and MSFT.
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