Stocks Making: Expansion Pivot Buy Setup on 08/16/2018

Rules (via 'Hit & Run Trading'):
  • Today's trading range must be greater than the daily range of the past nine trading sessions.
  • Either yesterday or today, the stock is trading at or below the 50-day moving average and explodes higher.
  • Tomorrow buy 10 cents above the explosion-day high.
  • Our initial protective stop is 1 point below the explosion day's close.
    1. Related Scans: Range Expansion Moving Average Breakout Resistance Swing Setup Bullish High Volatility Strength

    Symbol Grade Close % Change Volume Vol Surge
    TEVA 24.11 7.30 28,572,400 2.83
    PAH 12.26 2.00 7,134,000 2.03
    SHPG 171.50 1.88 1,190,700 1.57
    XRX 26.83 2.60 3,175,800 1.31
    PLD 65.65 1.77 3,046,800 0.99
    DCT 66.90 1.76 602,500 0.97
    ARE 128.62 1.48 587,300 0.92
    DVA 72.87 1.36 1,072,900 0.84
    LZB 31.45 1.13 326,900 0.79
    T 33.09 1.91 37,374,200 0.79
    L 50.15 0.89 852,500 0.73
    ZION 53.74 1.93 1,522,800 0.70
    FITB 29.84 2.30 3,914,800 0.63
    PNC 144.46 1.73 1,451,100 0.63
    MTB 176.93 1.89 565,600 0.56
    SHLX 23.09 2.67 468,200 0.56

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