Stocks Making: Expansion Pivot Buy Setup on 05/22/2018

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
    AEL 32.28 11.23 1,866,000 3.86
    IRDM 12.50 6.84 2,440,400 3.07
    FCX 17.17 2.88 27,649,000 1.60
    WATT 18.80 4.10 1,363,700 1.41
    ROIC 17.67 1.67 1,377,800 1.04
    BANC 19.50 2.09 552,600 0.86
    CLLS 30.56 2.93 216,500 0.59

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