Invalid date chosen. Displaying data for the latest date instead.
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 | |
---|---|---|---|---|---|---|
ENZL | D | 46.93 | -0.42 | 106,988 | 4.18 | |
WLK | F | 131.48 | -0.50 | 890,896 | 2.00 | |
ELD | D | 26.02 | -1.14 | 11,311 | 1.74 | |
SNCR | D | 10.20 | -6.34 | 184,053 | 1.59 | |
ERO | F | 17.79 | -3.63 | 399,224 | 1.47 | |
ALX | D | 221.64 | -2.03 | 16,109 | 1.43 | |
FSUN | F | 34.54 | -3.25 | 34,972 | 0.75 | |
CYD | D | 10.98 | -3.26 | 17,388 | 0.71 | |
REAI | D | 21.66 | -0.14 | 6 | 0.02 |
Popular Now
Recent Comments
- Cos3 on Adding float as advanced filter criteria?
- FriendlyOyster657 on BOOT
- TraderMike on Filtering by News?
- Dr_Duru on Filtering by News?
- TraderMike on Filtering by News?
From the Blog
Featured Articles