This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
Not a bad day. My last trade was way too late in the day for my style.
PBW:
GAIA:
This post was contributed by a guest author, and does not necessarily reflect the views of Richard or MovetheMarkets.com
August 8th, 2007 at 4:23 pm
Awesome trade on ORA! How’d you find it, just on a gapper scan?
August 8th, 2007 at 4:32 pm
Thanks Prospectus. Prophet.net gapper scan, the free version of course ;). I look for 150,000 shares printing by 10:00 Eastern, Open 0.1% above previous day’s high, average daily volume 100,000 per day previously, and above $5. I then sort by “VV% Chg from avg. Vol”, which gives stocks with the largest volume increase today as compared to the average in previous days. It was number 28 on my list.
August 8th, 2007 at 6:04 pm
Yes, I use that scan too–You gave it to me some time ago, and I’ve been using it ever since! I’ve upped the volume requirements a bit, though.