Invalid date chosen. Displaying data for the latest date instead.
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 | |
---|---|---|---|---|---|---|
TTZ | F | 0.280 | -3.45 | 64,500 | 2.31 | |
TTI | F | 0.700 | -2.78 | 41,500 | 2.10 | |
SIC | F | 0.040 | -11.11 | 571,000 | 2.03 | |
SATO | F | 0.325 | -4.41 | 24,716 | 1.88 | |
BCU | F | 0.065 | -23.53 | 99,700 | 1.83 | |
WWT | F | 0.020 | -20.00 | 212,155 | 1.75 | |
MFT | F | 17.080 | -0.12 | 9,795 | 0.57 | |
SCLT | F | 0.015 | -25.00 | 56,000 | 0.54 | |
EPF | F | 0.360 | -2.70 | 21,500 | 0.52 |
Recent Comments
- Deaddog on Deaddog Trades; Go ahead ask questions.
- Cos3 on Deaddog Trades; Go ahead ask questions.
- Deaddog on Deaddog Trades; Go ahead ask questions.
- SwingTradeBot on Market Recap for Tuesday, February 27, 2024
- SwingTradeBot on Market Recap for Monday, February 26, 2024
From the Blog
Featured Articles