×
Invalid date chosen. Displaying data for the latest date instead.
Stocks Making: Reversal New Highs 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 buy: tomorrow only, buy 5 cents above today's high 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 high.
-
Related Scans:
Swing Setup
Bullish
Symbol | Grade | Close | % Change | Volume | Vol Surge | |
---|---|---|---|---|---|---|
MRETF | ![]() |
9.4600 | 0.64 | 5,200 | 2.87 | |
CMTV | ![]() |
16.2500 | 1.94 | 3,400 | 2.59 | |
ITVPF | ![]() |
1.8300 | 1.67 | 16,600 | 2.26 | |
CGPZF | ![]() |
5.0510 | 0.92 | 7,900 | 1.88 | |
PWCDF | ![]() |
24.6150 | 0.74 | 5,300 | 0.84 | |
PFLC | ![]() |
12.4000 | 0.40 | 2,500 | 0.78 | |
ILAL | ![]() |
1.0100 | 7.45 | 14,900 | 0.60 | |
MCBK | ![]() |
27.2500 | 0.18 | 800 | 0.54 | |
MTZPY | ![]() |
18.4700 | 0.98 | 17,000 | 0.53 | |
AGLXY | ![]() |
14.3500 | 0.84 | 800 | 0.47 | |
KRYAY | ![]() |
131.5100 | 0.54 | 1,100 | 0.40 | |
DSNKY | ![]() |
65.8650 | 1.01 | 5,000 | 0.37 | |
SKBSY | ![]() |
22.4200 | 0.54 | 200 | 0.15 |
Related Scans:
Swing Setup
Bullish
From the Blog
Featured Articles