iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

Oversold With A 5 Day Holding Period

The PPT has many tools, one cool feature is the ability to screen for stocks that are oversold with the potential for a bounce within days. Now nothing is guaranteed using statistics, but I like the ability to find ideas with a calculator brain when knife catching.

Let’s go ahead and take a look at tonight’s screen. The following are stocks that are oversold on our 12 month algorithm, and in the past have had an average bounce of 3% with a 5 day holding period:

Screen Shot 2014-10-01 at 8.15.31 PM

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Z, EMES, & SFUN have my interest on a further dip: CLICK HERE FOR CHARTS

PPT members can bookmark this screen HERE. See you guys at the open.

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7 comments

  1. danny1980

    Can’t believe QIHU isn’t on that list with an RSI of 14…lol

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  2. danny1980

    Neither do I:-) Thoughts on XNET and ARWR?

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  3. Billy Cutting

    I’ve been short Z, shaving a little at a time..I’m covering completely at 110, so long as the bounce doesnt come tomorrow..thanks for the list

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  4. Danny1980

    May cut it (ARWR) tomorrow just sucks giving back 7% from my cost basis. Trade does look broken

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