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re: Trend Trading Candidates

Posted by DD_Rolltide on 5/9/26 at 11:06 pm to
Yahoo, it’s free and I only screen on daily price. I messed around with financial modeling prep for a bit but it’s paid and very limited. When I was thinking about real time intraday data I considered it.
not looking good, pitching off and bats cold today.

re: Trend Trading Candidates

Posted by DD_Rolltide on 5/9/26 at 2:17 pm to
quote:

What are you using to identify/scan for the stock picks/candidates in stage 2?



I wrote a python script that I run at the end of each day, it is looking at these criteria:

Price < $8/share
Price > $2/share
Average daily volume > 250,000 shares
Close > 200-day moving average
50-day moving average > 200-day moving average
Today’s volume > 1.25 × 50-day average volume
Today closes green (Close > Open)
Today’s close > yesterday’s high
Average volume on down days over last 10 days < average volume on up days over last 10 days
Close is within a small % of the 20-day high

That one many times doesn't give lots of results and it is looking for reversals, so I have a second one that gives me "Candidates" that does just this:

Price < $8/share
Price > $2/share
Average daily volume > 250,000 shares
Close > 200-day moving average
50-day moving average > 200-day moving average
Today’s volume > 1.25 × 50-day average volume
Close is within a small % of the 20-day high

That one is much wider so I'm able to quickly flip through the charts and spot the ones that stand out as "potential reversals". I pick a lof from that too. My screener also doesn't look at OTC stocks.

re: Trend Trading Candidates

Posted by DD_Rolltide on 5/7/26 at 9:41 pm to
Pretty good day today, LFST popped, TARA disappointed but not stopped out...yet. CGEN moving healthily upwards, stop in place now to break-even. Took profits on LFST at 8.30 (got stopped out mid morning).

For tomorrow I'm looking at very carefully entering IOVA after a terrible day today due to missed revenue on earnings. Late in the day it tried to form a base around 3.50. Going to watch it closely for a bounce back, I'll enter it under two conditions. 1 it breaks through 3.60 on high volume. 2 it drops to 3.40 on declining volume. If my entry is 3.60 (momentum trade) I will set a very tight stop at 3.45. If it declines on declining volume and I enter at 3.40 (swing trade) I'll set a stop at 3.20. Either way I will take profits with half my position at 3.85 and let the other half run. Here's the 5-day showing the attempted base building at 3.50:



And the daily showing the pull back from recent swing high:



If the earnings disappointment was too much I'll lose ~5% either way with potential gain of 10% or more. :cheers:

re: Trend Trading Candidates

Posted by DD_Rolltide on 5/6/26 at 11:00 pm to
Looks like a promising setup, but risk reward is a bit much for me now, with a clear stop below 25 (that's giving well over 10% risk) and R1 being clearly around 31.75 (giving less than 10%).

Bounce today on high volume though looks great. If I were to buy it would be on a breakout of 30, but man with all the volume over the last two days, there's gonna be a big move one way or the other. I would guess the other (down). :cheers:

Trend Trading Candidates

Posted by DD_Rolltide on 5/6/26 at 9:22 pm
Hello folks, been trading for a while now and thought it might be a good idea to have a thread for the short-term trend/swing traders who are watching stocks and typically open and close a position within a week or two.

My strategy has been to focus on stocks which are in long-term stage 2 (Weinstein) which are recently coming off a short-term pull back on low or declining volume.

What I typically do is to enter the stock and set a sell order immediately for half my position at my R1 (Resistance) level and then manage stops (moving up stop losses) on the remainder of the position until I get stopped out.

This week I'm looking at a few stocks like LFST, CGEN, and TARA. I'll focus on TARA for this post:

TARA - 1 year


Daily shows a successful test of recent swing low with reasonable risk/reward entry point.

TARA - 5 day shows healthy up trend with higher highs and higher lows.



50% profit taking at 6.15, then adjust stops accordingly. Would love to hear other TA's thoughts or candidates for the week, especially during earnings season.

:cheers:
airline snacks are trashy

-OT
Doris showing a little cleavage tonight

re: Thursday SEC Baseball

Posted by DD_Rolltide on 4/23/26 at 9:02 pm to
Tennessee pitcher has hit 6 batters.... is that some kind of record?

re: My father passed away

Posted by DD_Rolltide on 4/19/26 at 5:13 pm to
Sorry for your loss man, a right of passage losing our folks. Knowing for sure we will reunite with them one day(for a fact).
Let a gay guy named Fish give me a massage at a spa in Hawaii. I had my girl with me getting one too, but it was definitely my gayest moment.

re: Your 3 funniest movies

Posted by DD_Rolltide on 4/15/26 at 9:38 pm to
Tropic Thunder
Dumb and Dumber
Tommy Boy