Luc, I love stocks that have are oversold and trending downward. I wait for the stock to consolidate and begin to curl up. My favorite setup is a stock with its EMA(3),EMA(6), and MA(10) about to cross. Look at a 3 month chart of CHP. Look at all 3 MA's about to touch. Throw in a little volume fuel and Kaboom. Put it on your watch list