Invalid date chosen. Displaying data for the latest date instead.
Stocks Making: Reversal New Highs 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 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.
- 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.
-
Related Scans:
Swing Setup
Bullish
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
MULC.B | A | 62.340 | 0.76 | 8,700 | 17.16 | |
TBIL | B | 50.160 | 0.02 | 5,436 | 2.83 | |
INC.UN | A | 9.000 | 2.51 | 4,700 | 1.47 | |
WELL | A | 5.300 | 1.92 | 1,250,867 | 1.47 | |
CSH.UN | A | 16.180 | 3.06 | 518,108 | 1.46 | |
RATE | A | 21.260 | 0.33 | 1,888 | 0.72 | |
XCSR | A | 76.640 | 0.42 | 1,894 | 0.57 | |
FHG | A | 61.850 | 0.21 | 500 | 0.54 | |
DLCG | A | 6.800 | 4.62 | 13,300 | 0.21 |
Recent Comments
- TraderMike on Canadian Depositary Receipts
- Cos3 on Canadian Depositary Receipts
- TraderMike on Canadian Depositary Receipts
- TraderMike on Canadian Depositary Receipts
- Cos3 on Canadian Depositary Receipts
From the Blog
Featured Articles