SP500 – 200d MA Setups

May 25, 2011

From this morning’s SP500 200-day scan found here,  for potential long trades I am looking for the following criteria:

1. Stocks that have had large declines into 200ma (high energy, think “rubberband”), not stocks that have been bumping along (no energy)

2. Stocks that are at major support

I love to combine these stocks with OGF (Opening Gap Fill) when I can find it.

NOTE: AMAT earning out and downgrade today

AMAT Daily

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