Stocks Making: Gilligan's Island Buy Setup on

Rules (via 'Hit & Run Trading'):
  • A stock must gap open to a new two-month low. The bigger the gap the better.
  • The stock must close at or in the top 50 percent of its daily range and equal to or above the opening.
  • For the buy: The next day only, buy 10 cents above today's high.
  • Risk 1 point.
  • Carry the position overnight if it closes strongly.
    1. Related Scans: Swing Setup Bullish

    Symbol Grade Close % Change Volume Vol Surge
    BJ 23.84 -8.06 9,339,000 3.90
    CHL 39.03 -0.71 877,100 1.04
    Related Scans: Swing Setup Bullish
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