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:
Bullish
Swing Setup
Or combine this in a:
Combo Scan
or a
Back-To-Back Scan
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
KM1 | D | 0.185 | 54.17 | 3,716,961 | 22.70 | |
COB | C | 0.086 | 1.18 | 1,001,105 | 2.95 | |
RDX | A | 3.420 | 1.79 | 379,128 | 1.56 | |
MEK | A | 0.066 | 10.00 | 3,711,235 | 1.05 | |
CVN | C | 0.175 | 6.06 | 1,228,709 | 0.89 | |
PPM | B | 1.395 | 3.33 | 203,596 | 0.70 | |
ARU | B | 0.185 | 5.71 | 1,881,644 | 0.66 | |
RIC | B | 2.530 | 1.87 | 211,975 | 0.61 | |
TNE | A | 24.600 | 0.99 | 406,368 | 0.58 | |
ANN | A | 32.540 | 1.15 | 239,081 | 0.56 | |
CCP | B | 16.170 | 1.38 | 74,271 | 0.42 | |
AVA | D | 0.115 | 4.55 | 17,546 | 0.09 | |
CLV | C | 0.520 | 1.96 | 15,239 | 0.07 |
Popular Now
Recent Comments
- TRTCryptoCraig on Bad Quotes for 28 May...
- TraderMike on Bad Quotes for 28 May...
- TraderMike on Market Recap for Friday, May 31, 2024
- PleasantTurtle699 on Market Recap for Friday, May 31, 2024
- TraderMike on Market Recap for Friday, May 31, 2024
From the Blog
Featured Articles