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 | |
---|---|---|---|---|---|---|
CBA | F | 0.045 | -18.18 | 209,875 | 6.61 | |
VTT | F | 0.015 | -40.00 | 757,100 | 4.41 | |
KDK | F | 0.415 | -6.74 | 168,298 | 3.53 | |
INTR | C | 0.680 | -12.82 | 285,966 | 2.62 | |
CTRL | F | 0.500 | -18.03 | 65,419 | 2.45 | |
STND | F | 0.045 | -10.00 | 511,087 | 1.90 | |
MEEC | F | 1.000 | -2.91 | 20,500 | 0.91 | |
KORE | F | 0.040 | -11.11 | 49,795 | 0.61 | |
CCB | D | 0.045 | -10.00 | 29,100 | 0.21 |
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