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.
No changes
Open Position Notes:
GRMN marked its best level today since this trade entry triggered last week, although the upside didn’t last. The stock ultimately reversed to finish a nickel lower on the day with a minor increase in volume. Overall, volume remained well below average, and today was the third day this stock has finished within an 8-cent range. That doesn’t show much movement the past couple of sessions, so I’m going to stick with the trade without any adjustments tonight and wait for more technical clues to surface. I still like the setup, but would prefer to see some attempt at follow through sooner than later.
Closed Positions:
No closed positions.