Earliest available date is 2022-04-22. Please choose that date or later.
Stocks Making: Reversal New Lows 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 short sale: tomorrow only, sell short 5 cents below today's low 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 low.
-
Related Scans:
Swing Setup
Bearish
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
SYPR | F | 1.53 | -3.77 | 209,827 | 6.93 | |
CALX | F | 28.03 | -5.18 | 2,466,080 | 2.38 | |
NRXS | F | 2.82 | -11.18 | 17,984 | 1.70 | |
SPWR | F | 1.96 | -8.41 | 10,985,845 | 1.69 | |
FATE | D | 4.54 | -5.02 | 4,022,308 | 1.62 | |
LWLG | F | 3.76 | -2.59 | 972,445 | 1.56 | |
ADVM | F | 11.00 | -3.00 | 305,048 | 1.38 | |
PROV | D | 12.99 | -0.46 | 5,377 | 1.29 | |
MXCT | F | 3.80 | -4.04 | 569,042 | 0.98 | |
VXRT | F | 0.75 | -2.24 | 1,583,957 | 0.90 | |
TKLF | F | 0.23 | -1.99 | 201,299 | 0.87 | |
STAF | F | 0.28 | -0.36 | 82,078 | 0.75 | |
FGEN | F | 1.07 | -6.14 | 1,346,476 | 0.71 | |
GHMS | F | 25.38 | -0.29 | 506 | 0.70 | |
NMG | F | 1.95 | -2.50 | 97,732 | 0.44 |
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