Form A Plan
While I believe that TradersWire Interactive
is the best tool for traders around, a trader should make use of all
the tools at his or her disposal, at least some of the time. If you are a
daytrader, making use of the Nightly Daytraders Report from
TradingMarkets Research is a good step to take to assist you in getting a jump
on your trading day.
Â
3 Month RS of
20 and lower with volume surge in last hour
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Mercury Computer | (MRCY) | 4 | 34.78 | 432,590 | 226,500 |
| NPS Pharmaceuticals | (NPSP) | 8 | 33.75 | 323,954 | 356,400 |
| Airgate PCS | (PCSA) | 2 | 33.37 | 556,863 | 698,400 |
| THQ Inc. | (THQI | 14 | 45.88 | 1,563,818 | 2,274,000 |
Â
AirGatePCS
(
PCSA |
Quote |
Chart |
News |
PowerRating) made the short list with a
3-month relative strength ranking of 2 from the TradingMarkets.com Stock
Scanner after it showed a substantial volume increase in the final hour of
trading on Friday. The stock has since fallen over 2 points since gapping lower,
with a couple of intraday entries, the best being a two-hour long Slim Jim.
Â
Â
The insights are great, but should not be your only source of
potential trades. The more candidates you have in mind before you sit down to
your trading desk, the better your odds of finding winners.
Until tomorrow,
Duke