The Hit List is a look at our current swing trading positions. Stocks we are already in have “triggered”, while those we are considering for plays have not triggered. Click post title to view print-friendly link.
ESRX triggered
Open Position Notes:
ESRX triggered a buy on Friday with an early-afternoon push through the $44.65 level and no looking back. The stock pulled back slightly from its high right before the closing bell, but all in all it was a solid performance on day 1 of this swing. I liked how volume expanded to accompany the breakout, and will be watching for follow through toward my targets in the days ahead. As it strengthens or shows it’s able to hold the breakout, I’ll then look to make adjustments to my stop as well.
Closed Positions:
No closed positions.