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 | |
---|---|---|---|---|---|---|
XMC.U | A | 24.790 | 0.32 | 2,700 | 2.75 | |
HAC | A | 31.220 | 0.10 | 2,600 | 2.49 | |
ZUP | B | 22.140 | 0.18 | 3,583 | 2.36 | |
CXI | B | 26.200 | 1.16 | 3,931 | 2.22 | |
NREA | A | 22.490 | 0.13 | 6,700 | 2.12 | |
MCX | B | 6561.150 | 3.46 | 534,592 | 1.17 | |
SPLT | A | 10.710 | 0.19 | 28,397 | 0.93 | |
HFG | A | 26.805 | 0.02 | 944 | 0.59 | |
XDG | A | 27.950 | 0.54 | 4,158 | 0.53 | |
GIVX | A | 1.490 | 0.68 | 146,550 | 0.48 | |
FCUD | A | 38.890 | 0.49 | 1,069 | 0.43 | |
XMU | A | 86.020 | 0.27 | 535 | 0.25 | |
GBFC | B | 20.770 | 0.05 | 674 | 0.16 |
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