Day Trading Gap Algorithm
Real Time Cell Phone / Email Swing Trade Alerts
Stochastic Oversold: Stochastic (14, 3, 3) reached oversold levels by dropping below 20. Stochastic Oversolds that occur on a small range day make excellent day trades and swing trades the next day.
MDRX on 3/28/16 met the above criteria for a Stochastic Oversold Setup. The daily chart below shows the subsequent trade over the 3/28/16 high at $12.30, the trigger entry price. MDRX traded up to a high of $13.41 the next day, and $14.02 seven days later.
Each day after the market close, we run multiple custom designed scanning algorithms that provide stocks for the next trading day swing trade list. If you would like to become a member of our swing trade service, the membership options are listed below.
Here are the Stochastic Oversold stocks on 3-23-2017 for trading on 3-24-2017
Copyright dailystockplays.com All Rights Reserved