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 | |
---|---|---|---|---|---|---|
CTIP | A | 16.590 | 0.36 | 143,800 | 11.01 | |
KUT | B | 3.520 | 6.67 | 16,100 | 4.15 | |
ALV | C | 5.200 | 1.36 | 56,065 | 3.54 | |
XHB | A | 19.785 | 0.18 | 12,394 | 3.21 | |
ILLM | B | 1.700 | 2.41 | 134,147 | 2.54 | |
ONEC | A | 22.620 | 0.09 | 2,636 | 1.85 | |
ZST.L | A | 59.760 | 0.03 | 14,300 | 1.80 | |
ZST | B | 49.000 | 0.02 | 36,776 | 1.37 | |
CVD | A | 17.320 | 0.17 | 2,723 | 1.30 | |
FGO.U | B | 10.550 | 0.48 | 991 | 0.23 |
Popular Now
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