Earliest available date is 2022-03-25. 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 | |
---|---|---|---|---|---|---|
PIP | F | 6.25 | -10.71 | 371,849 | 7.71 | |
EEE | F | 6.40 | -7.25 | 10,549,956 | 2.16 | |
LDG | F | 11.30 | -3.83 | 924,377 | 1.58 | |
0MJH | F | 5.75 | -0.14 | 650 | 1.53 | |
GRX | F | 48.50 | -1.02 | 17,618 | 1.14 | |
0KCP | F | 24.20 | -8.68 | 692 | 0.84 | |
MAST | F | 0.33 | -13.33 | 7,604,600 | 0.82 | |
TYM | F | 0.06 | -7.41 | 8,847,854 | 0.78 | |
0R7S | D | 135.00 | -4.18 | 3,628 | 0.42 | |
GWMO | F | 0.05 | -2.15 | 17,413,441 | 0.41 | |
0NP9 | F | 23.94 | -6.16 | 557 | 0.35 | |
VELA | F | 0.01 | -3.45 | 12,743,926 | 0.33 |
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