4/13 Rejects

Here's who didn't make the cut in my scan, and why not:

News surprises: 

• AVP, bear, news of a bribery probe

Earnings too near:

• CI, bear, 5/6
• CTSH, bull, 5/4
• FTR, bull, 5/6
• BR, bear, 5/11
• PLD, bull, 4/22
• QCOM, bear, 4/21

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Of the rejects, all had average direction indexes (adx) that were below 30 (which means a weak or marginal trend), with the exception of QCOM, with an adx of 36. However, a bear trade on QCOM is counter-trend, which breaks my rules.

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