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 | |
---|---|---|---|---|---|---|
AUGA | D | 2230.50 | -0.99 | 4,781 | 3.84 | |
0KFU | D | 15.79 | -4.05 | 19,248 | 3.01 | |
RESI | F | 49.00 | -2.00 | 247,462 | 1.33 | |
ARBB | D | 1022.50 | -3.54 | 4,592 | 1.28 | |
CDCE | D | 150.98 | -0.22 | 32 | 1.28 | |
GLTA | D | 3067.75 | -0.19 | 7,978 | 1.12 | |
POLX | F | 3.65 | -2.67 | 1,036,965 | 1.01 | |
CAVE | F | 12.07 | -0.80 | 84 | 0.83 | |
SEQI | F | 79.40 | -0.50 | 1,799,075 | 0.77 | |
CCC | F | 2540.00 | -1.63 | 94,201 | 0.72 | |
CLX | F | 52.50 | -2.78 | 74,584 | 0.68 | |
MEGP | C | 157.20 | -1.63 | 128,456 | 0.33 | |
0R1J | F | 2.30 | -1.71 | 4,064 | 0.25 | |
LSUG | F | 3.79 | -5.04 | 500 | 0.12 | |
HIUA | F | 28.28 | -1.43 | 354 | 0.12 | |
WTEG | F | 615.15 | -2.07 | 250 | 0.07 | |
DPAG | D | 537.85 | -1.34 | 10 | 0.02 | |
0R8P | F | 72.95 | -1.75 | 15 | 0.00 |
Recent Comments
- TraderMike on Trades of the Week: Jan 8 - Jan 12, 2024
- Magneto296 on Trades of the Week: Jan 8 - Jan 12, 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
From the Blog
Featured Articles