Stocks Making: Expansion Pivot Sell Setup on 07/20/2018

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 above the 50-day moving average and explodes lower.
  • Tomorrow sell short 10 cents below the explosion-day low.
  • Our initial protective stop is 1 point above the explosion day's close.
    1. Related Scans: Range Expansion Moving Average Breakdown Support Swing Setup Bearish High Volatility Weakness

    Symbol Grade Close % Change Volume Vol Surge
    LITE 54.40 -8.42 5,327,700 3.94
    SWKS 96.99 -5.36 6,997,700 3.89
    DPLO 22.33 -10.43 3,371,300 3.71
    AL 42.68 -1.91 2,261,100 3.36
    GNTX 22.23 -5.04 5,144,100 2.70
    BDN 16.19 -3.00 3,451,700 1.99
    ALK 60.63 -4.95 3,028,500 1.57
    QRVO 81.20 -3.06 1,602,300 1.39
    PAA 23.84 -1.57 2,637,000 1.24
    BCC 43.95 -4.35 375,700 1.03
    ENLK 15.52 -4.49 932,800 1.02
    KBH 26.05 -3.48 1,698,300 1.00
    RYAM 17.08 -7.78 781,700 1.00
    CVLT 68.25 -1.52 307,400 0.90
    TPH 16.62 -3.03 1,106,400 0.85
    DEI 38.96 -1.79 700,400 0.79
    MTH 44.85 -3.34 253,200 0.79
    WLH 23.60 -3.95 294,400 0.78
    CTL 18.76 -2.44 6,624,400 0.72
    TMHC 21.13 -2.72 793,900 0.70
    REGI 16.70 -2.05 349,700 0.35

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