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.
DLPH added
Open Position Notes:
GRMN gave up a little more ground today but finished off its worst level of the day. The stock hasn’t continued higher since clearing the trend line two weeks ago, but the gap I’m wanting to see hold from late-February is still intact, so my stop is still in place. I’m doing my best to remain patient here, but the stock is short-term range-bound so I may look to make an adjustment soon. I’m leaving my trade stop as-is for Monday’s session and will re-evaluate it once the new week is underway.
CLR hesitated to head higher after crossing the trend line on Wednesday, but today the stock turned nicely higher on a big pick up in volume, which is encouraging to see. This one is now back in the green, so let’s see if it can produce some upside follow through and start heading toward the Targets in the days ahead. I’d like to see it make some further progress before looking to make any adjustments to my stop, so I’m leaving it as-is for Monday’s session.
Closed Positions:
No closed positions.
