Stocks of Interest - Criteria

 For me to be interested in trading a particular stock, I'd look to meet the following criteria:

• Traded on a USA exchange.
• Not pink sheets or Over-the-counter.
• Minimum 200,000 shares traded on a daily basis. The higher the better.
• Either options or the stock must have a reasonable Bid/Ask spread.
• Share price over $5.
• Infrequent gaps.
• Over 200 days of trading history.
• Next quarterly earnings report at least 10 days away.
• Optional: Longs are over the 50 DMA (Daily Simple Moving Average) and shorts are under the 50 DMA.
• Optional: -1 > Beta < 1. The closer to 0 the better.

PEG Looks Bullish - Update 1

PEG made a Bearish Harami candle pattern yesterday but closed above the 8ema. It bounced off the 20sma and 50sma today and closed just above the 8ema.

So, holding the position for now.

BTW, one of the reasons I chose this stock to trade is because it has a Beta < 1, which means it's not very corrrelated with the S&P 500 Index. Ideally, I'd like to trade stocks with a 0 Beta, so they're trading on their own technicals. But not many of those stocks out there.