Earliest available date is 2022-03-25. Please choose that date or later.
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.
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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 | |
---|---|---|---|---|---|---|
NCLH | C | 21.34 | 5.85 | 18,424,262 | 1.51 | |
CNX | B | 23.72 | 3.40 | 4,847,479 | 1.51 | |
AR | C | 28.72 | 5.12 | 5,628,971 | 1.18 | |
RRC | C | 34.35 | 3.78 | 2,206,444 | 0.82 | |
LKQ | C | 53.15 | 1.98 | 1,307,243 | 0.80 | |
MGY | A | 25.53 | 1.96 | 2,677,205 | 0.73 | |
DVN | C | 49.46 | 1.37 | 4,833,423 | 0.63 | |
MCK | A | 539.26 | 0.59 | 426,436 | 0.58 |
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