Earliest available date is 2022-04-19. 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.
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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 | |
---|---|---|---|---|---|---|
BPT | D | 227.60 | -1.04 | 950,925 | 3.06 | |
BGFD | D | 705.00 | -0.70 | 218,945 | 0.86 | |
HSW | D | 150.00 | -2.28 | 292,721 | 0.47 | |
BWY | D | 2440.00 | -1.45 | 100,976 | 0.36 |
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