Stocks Making: Expansion Pivot Sell Setup on 02/20/2019

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: Weakness High Volatility Range Expansion Moving Average Breakdown Support Swing Setup Bearish

    Symbol Grade Close % Change Volume Vol Surge
    KAR 46.73 -13.22 11,102,000 10.24
    ICPT 99.03 -15.77 5,858,058 7.62
    STZ 166.98 -4.43 5,379,882 1.89
    ANAB 65.03 -1.54 451,400 1.60
    BMRN 90.66 -1.30 1,234,000 1.33
    WBA 71.80 -3.53 7,906,800 1.33
    GLNG 21.93 -2.71 1,194,596 1.10
    NLY 10.11 -0.69 12,325,274 0.73
    AMRX 13.47 -3.85 530,000 0.54

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