What Kind Of Close…
What is a good indication of short-term momentum to continue? I like to look
for closes in the top or bottom of the previous day’s range. Often times the
momentum will spill over into the following session.
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3 Month RS of 20 or lower
and close in bottom part of range
Company Name |
Symbol |
Relative Strength |
Price |
Average Volume |
Today’s Volume |
| Atlantic Coast Airlines | ( ACAI | Quote | Chart | News | PowerRating) |
19 | 25.51 | 448,482 | 386,800 |
| Nvidia | ( NVDA | Quote | Chart | News | PowerRating) |
5 | 51.65 | 10,222,792 | 7,036,700 |
SkyWest |
( SKYW | Quote | Chart | News | PowerRating) |
17 | 24.51 | 543,655 |
689,800 |
| Taro Pharmaceuticals | ( TARO | Quote | Chart | News | PowerRating) |
4 | 32.88 | 617,752 | 246,600 |
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This is why we like to focus on the stocks that fit all these
parameters, as the stock is down more than 4 points in the session.
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Learn to look at how a stock closes, and you will have a tip as
to its possible activity the next trading day.
Until tomorrow,
Duke