Earliest available date is 2022-04-18. 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 | |
---|---|---|---|---|---|---|
CNMD | F | 72.76 | -6.07 | 938,183 | 1.93 | |
LEGN | F | 48.83 | -2.57 | 1,411,963 | 1.47 | |
JKS | F | 21.69 | -3.64 | 1,286,400 | 1.46 | |
SYNA | F | 83.32 | -4.08 | 338,624 | 1.29 | |
ARCT | F | 27.64 | -8.26 | 621,074 | 1.23 | |
TTC | D | 84.28 | -1.76 | 828,519 | 1.23 | |
RHP | C | 106.39 | -2.22 | 534,103 | 1.22 | |
WMS | B | 156.91 | -2.49 | 505,851 | 1.03 | |
BEAM | F | 24.31 | -5.41 | 1,443,184 | 0.98 | |
BFH | D | 32.23 | -3.91 | 666,611 | 0.91 | |
J | C | 142.97 | -1.39 | 552,745 | 0.91 | |
HSIC | D | 70.20 | -1.43 | 1,067,128 | 0.90 | |
ASO | D | 57.65 | -2.86 | 1,313,255 | 0.90 | |
UBER | C | 71.94 | -2.95 | 15,359,906 | 0.83 | |
FN | D | 166.12 | -3.89 | 410,552 | 0.79 | |
MAC | C | 15.37 | -2.66 | 1,608,319 | 0.78 | |
LKQ | D | 47.91 | -1.09 | 1,111,000 | 0.73 | |
ATEC | F | 12.51 | -5.16 | 1,135,691 | 0.64 | |
CCS | D | 79.30 | -1.60 | 214,494 | 0.59 |
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