Doral Financial Corp. (DRLCQ)

[hstrader]

why I bought DRL
I have a
Software that finds stocks that are:
1. Rising/bouncing above the 150 EMA
2. above RSI 50 but not RSI 70
3. Has been basing for at least 6 weeks.
4. close is more than 50% less than the 52 week high
5. Volume (10) is more than 100% when crossing the 150EMA
6. Force index (13) is green
7. break above recent downtrend line.
8. recent insider buying is a plus

DRL met all the parameters (so I bought in)
This program works 80% of the time with very nice profits.
I will be holding for 3 months…(stop below tend line)
Good luck to all.