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Stocks Making: Boomer Sell Setup on
Rules (via 'Hit & Run Trading'):
ADX must be more than 30 and the -DI more than the +DI.
Stock must make two consecutive inside days.
On day 4 (the day after the second inside day) sell short 10 cents under the low of the second inside day bar.
Place your initial protective stop 10 cents above the high of the second inside day.
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Related Scans:
Swing Setup
Bearish
Range Contraction
Low Volatility
Trending
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
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Try modifying the filters above to something less restrictive. For example, lower the minimum required volume
or change the min or max price, etc.
Related Scans:
Swing Setup
Bearish
Range Contraction
Low Volatility
Trending
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
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