Stocks Making: Expansion Pivot Sell Setup on 12/15/2017

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
    ACRS Grade d 24.23 -1.98 2,573,900 7.15
    ORCL Grade d 48.30 -3.77 75,057,200 5.27
    LSXMK Grade d 39.72 -5.47 3,246,100 4.96
    GRMN Grade c 58.36 -1.85 5,298,700 4.72
    MET Grade d 51.41 -2.06 15,429,000 3.80
    LSXMA Grade d 39.79 -5.82 1,912,900 3.43
    PARR Grade d 19.82 -2.65 1,053,700 2.87
    LOXO Grade d 78.97 -4.80 1,185,300 2.61
    CNC Grade c 94.86 -4.20 4,234,152 2.53
    EOG Grade d 98.55 -1.09 4,547,950 1.82
    MAT Grade f 15.48 -4.68 20,295,600 1.59
    CNQ Grade c 33.06 -1.75 2,909,320 1.52
    HLF Grade f 67.03 -4.31 1,879,300 1.46
    COG Grade c 26.64 -2.27 7,008,369 1.40
    OUT Grade d 23.30 -3.16 1,030,600 1.17
    BNS Grade d 63.83 -1.27 602,558 1.11
    ECA Grade d 11.11 -4.39 10,007,429 1.02
    CIFS Grade d 42.95 -10.18 282,525 0.88

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