Invalid date chosen. Displaying data for the latest date instead.
Stocks Making: Reversal New Highs Setup on
Rules (via 'Hit & Run Trading II'):
As always, the stock should be priced at more than $30 per share. The higher the price, the better
Today the stock must do all of the following:
For the buy: tomorrow only, buy 5 cents above today's high and risk 1 point.
Use a trailing stop and stay in the position until you are stopped out. This can be as short as a few hours to as long as a few days.
- It must trade under yesterday's low.
- It must then trade above yesterday's high (in other words, form an outside day).
- Today's range must be the largest range of the past five days, and today the stock must make a new 60-day high.
-
Related Scans:
Swing Setup
Bullish
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
LOCT | A | 23.99 | 0.06 | 107,609 | 23.90 | |
ONL | C | 3.72 | 9.41 | 1,660,017 | 3.32 | |
EUDA | B | 2.22 | 20.00 | 128,152 | 3.23 | |
SCKT | B | 1.28 | 1.59 | 67,700 | 3.14 | |
VRCA | B | 8.00 | 2.04 | 522,995 | 3.06 | |
RAND | A | 14.30 | 1.89 | 2,829 | 2.54 | |
REFR | B | 2.07 | 3.50 | 127,617 | 2.44 | |
KNTK | A | 39.89 | 2.39 | 991,683 | 1.34 | |
QTJL | A | 29.80 | 0.10 | 2,810 | 1.30 | |
LE | A | 14.96 | 5.35 | 163,728 | 1.29 | |
HUMA | B | 4.70 | 3.98 | 1,761,284 | 1.16 | |
SCM | A | 14.30 | 0.92 | 114,438 | 0.98 | |
AFT | A | 14.63 | 0.55 | 67,958 | 0.76 | |
USFR | A | 50.43 | 0.02 | 2,661,358 | 0.70 | |
AKO.B | A | 19.37 | 2.70 | 5,581 | 0.48 | |
BUFC | B | 36.68 | 0.02 | 15,664 | 0.42 | |
JUNW | A | 28.04 | 0.07 | 408 | 0.23 |
Popular Now
Recent Comments
- TraderMike on IZM
- SuccessfulGerbil321 on IZM
- TraderMike on IZM
- TraderMike on Today's Outage
- Crunching_The_Market on Today's Outage
From the Blog
Featured Articles