Dot Hill Systems Corp (HILL)

[PURA VIDA]

Finviz is very cool. But, I do prefer to use the paid for version of www.stockfetcher.com as you can write your own code in fairly clear "english". In order to find any stock out there that is trading between 5-10 dollars per share, the stoch's are showing a pullback, and that pullback was after it had been above 80 for the past 5 trading days - and volume was at least 50,000 shares...here is the plain english filter for that:

Show stocks where Fast Stochastic(15,5) Fast %K crossed below 80
and Fast Stochastic(15,5) Fast %K 1 day ago was above 80 for the last 5 days
and close is between 5 and 10
and average volume(30) is above 50000

I then see what stocks come back, I check the fundamentals, check the charts, see the earnings reports...then check out the risk of a new high being set.

In this case, I saw the reports that came out May 7th, 10th, 11th, then looked at the ceiling that could not be broken on 5 attempts.
I also use a 20,50,200 EMA on a 10 minute chart to select the short-sell point based upon the daily as well.

With this trade, I just risk 20 points.

I hope this helps. I may be wrong on it, but again, the risk and what has been presented looks like a decent short-sell.

I-777