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Stocks Making: Gilligan's Island Sell Setup on

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

    Symbol Grade Close % Change Volume Vol Surge
    LGC 10.18 0.10 6,634,800 42.80
    OPTT 1.93 19.88 9,308,700 23.90
    CHIH 16.40 0.78 18,700 11.03
    XRF 0.79 4.99 1,023,300 4.11
    SFIG 50.80 0.14 3,100 2.46
    KURE 21.30 1.55 33,000 2.14
    FORTY 64.30 0.93 700 1.83
    CWAI 26.51 0.30 300 0.25
    HCACU 10.58 0.67 6,100 0.16
    Related Scans: Swing Setup Bearish
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