# Intraday Weakness

This strategy was taken from chapter 8 of [Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work) (2008) by Larry Connors.

## Rules

1. Stock closes at a 10-period low and is above its 200-day simple moving average.
2. Average volume over the past 100 days is at least 250,000 shares per day.
3. Price is greater than $5 per share.
4. Buy on the close.
5. Exit on the close 5 trading days later.

**Bonus**:

In addition, buy on a limit the next day 1/3/5/7/10% lower.

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