Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.
|20071221||ABBI||21.47||-1.00||374133||1, 3, 4|
|20071221||UST||54.56||53.73||1410010||1, 2, 3, 4|
1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.