Earliest available date is 2022-10-21. 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 | |
---|---|---|---|---|---|---|
LEA | F | 98.17 | -6.47 | 1,812,832 | 2.79 | |
HOG | F | 31.67 | -7.29 | 3,910,436 | 2.27 | |
VLTO | C | 105.79 | -4.63 | 2,921,996 | 1.95 | |
TPH | C | 40.73 | -4.19 | 1,329,466 | 1.93 | |
RCI | F | 37.99 | -3.16 | 821,884 | 1.18 | |
CWEN | D | 26.20 | -2.89 | 862,174 | 1.17 |
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