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.
CLR added
Open Position Notes:
GRMN tacked on $0.51 today as well as going ex-dividend ($0.40 for holders of record on 3/15, payable on 3/30), leaving the closing price an actual $0.11 above last night’s close ($47.57 vs. $47.46). Confusing as that may be, let’s just stick with the chart setup. I like that it’s still holding above the trend line it cleared last week, although I’d much prefer to see it put some space between price and that level. It still appears poised for a lift from here, but overall volume is struggling to produce the fuel necessary. I’m leaving my stop as-is for tomorrow’s session while waiting on follow through, ideally through the $48 multi-day resistance area.
Closed Positions:
No closed positions.
