Earliest available date is 2022-04-22. Please choose that date or later.
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 | |
---|---|---|---|---|---|---|
SGR | F | 0.400 | -3.61 | 23,853,926 | 1.29 | |
APE | D | 12.670 | -3.72 | 441,198 | 1.24 | |
AZS | D | 3.310 | -1.49 | 1,912,861 | 1.15 | |
MGR | D | 2.090 | -2.34 | 10,590,118 | 0.90 | |
BMT | F | 0.170 | -2.86 | 122,999 | 0.70 | |
SKC | D | 1.675 | -1.47 | 159,390 | 0.67 | |
RHY | F | 0.084 | -4.55 | 100,312 | 0.60 | |
EUR | F | 0.051 | -5.56 | 1,357,905 | 0.46 | |
CXO | F | 0.140 | -6.67 | 4,755,206 | 0.25 | |
HUM | D | 0.450 | -2.17 | 154,310 | 0.20 |
Recent Comments
- SwingTradeBot on Market Recap for Wednesday, February 28, 2024
- SwingTradeBot on Market Recap for Tuesday, February 27, 2024
- SwingTradeBot on Market Recap for Monday, February 26, 2024
- SwingTradeBot on Market Recap for Friday, February 23, 2024
- SwingTradeBot on Market Recap for Thursday, February 22, 2024
From the Blog
Featured Articles