Stocks Making: Boomer Sell Setup on

Rules (via 'Hit & Run Trading'):
  • ADX must be more than 30 and the -DI more than the +DI.
  • Stock must make two consecutive inside days.
  • On day 4 (the day after the second inside day) sell short 10 cents under the low of the second inside day bar.
  • Place your initial protective stop 10 cents above the high of the second inside day.
    1. Related Scans: Swing Setup Bearish Range Contraction

    Symbol Grade Close % Change Volume Vol Surge
    ACB 7.810 -0.76 3,266,890 0.86
    RSI 5.310 -0.19 76,648 0.70
    RME 6.620 1.07 10,513 0.52
    WED 2.600 0.00 33,400 0.25
    NXR.UN 1.990 0.00 72,440 0.20
    HNL 1.100 0.92 28,745 0.09
    SRX 1.430 -2.05 2,900 0.04
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