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Here is another screen to use:
Look for stocks that close within 20% of its high signalling that there is plenty of demand. For ameritrade, I use
(Bar[High,D]-Bar[Close,D])/(Bar[High,D]-Bar[Low,D]) < 0.20 AND
MovingAverage[MA,Volume,10,0,D] > X
I also add a 10 day moving average filter. Set the moving average X to be 10x your position size so you can get out quickly without moving the stock if it goes the wrong way.
I also fish new positions by getting a small amount (1/4 of my regular size). This way I'm forced to watch where it goes.
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