Reversal New Highs Setup on 11/20/2024 Stock

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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:

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.

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.

Related Scans:

Swing Setup

Or combine this in a: Combo Scan or a Back-To-Back Scan

(Start) Date:

End Date:

Min Avg Volume:

Min Price:

Max Price:

ADX/Dir. Mvmnt:

Grade:

RSI:

Stocks/ETFs?:

Price vs. Previous Day:

Volume vs. Previous Day:

vs. 10-Day Moving Average:

vs. 20-Day Moving Average:

vs. 50-Day Moving Average:

vs. 200-Day Moving Average:

Min Mkt Cap:

Max Mkt Cap:

Sector:

Only My Stocks:

Only Optionable:

Weekly Options:

	Symbol	Grade	Close	% Change	Volume	Vol Surge
	LZB	B	42.79	1.13	985,901	2.24

Related Scans: Swing Setup Bullish

Or combine this in a: Combo Scan or a Back-To-Back Scan

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