The Overextended Reversals short sell scanner works great for both Day and Swing Traders. The Overextended scanner looks for stocks that are up big today in price and volume. The idea behind this scanner to help find stocks that are up way too much in price based on company fundamentals.
Looking through this scan, it’s sometimes easy to spot stocks that are up way too much solely based on hype. If you can research and then time it right, you can ride some of these high flying stocks all the way back to earth.
Here are the search perimeters I use for the Overextended Reversals scanner.
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