NBTY stock traded up to 14.40.  It missed the 20-Day Moving Average by 9 cents.  This was a big powerful bounce trade found by the Bottom Fisher Scan.  The important thing to remember here is that when a stock is bouncing off longer term support with a reversal hammer candle (which took place below the Lower Bollinger band), then it is possible to get this kind of a bounce.

Here is another interesting thing.  You could have found this stock trading setup on the day that the reversal candle was formed.  On that day, NBTY stock showed up on the Knock Down Scan all day long.  If you used the reversal day strategies outlined in the book, How to Take Money from Wall Street (pages 142-145), you could have entered a high reward / low risk trade.  The longer term support from June was the key factor for that setup.  However, this strategy is usually employed by very experienced stock traders.  Nevertheless, entering the trade on the second day was also a potential home run. 

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