I'm looking for high volume and trade setups offering ideal swing-trading opportunities
For today's screen, I ran through my volume buzz screen on stocks that are trading on higher than usual volume, not just today, but in recent days, and then identifying those trade setups that offer actual opportunities for swing-trading.
You see, when you have high volume and favorable price moves, the volume validates the price move and provides legitimacy to the appreciation in price you are seeing.
Of the seven trade setups, only 2 are short setups, which happen to be FHN and SPLK.
Here's the seven trade setups that I like with volume