TheStockBandit.com

Swing Trading and momentum investing stock pick newsletter and swing trading service.

  • Home
    • Blog Archives
    • Blog Categories
  • About
    • About The Stock Bandit
    • FAQ
    • Contact Us
  • Strategy
    • Join the Email List!
    • Stock Trading Methodology
    • Trading Rules
    • Chart Patterns
  • Products
    • Products Overview
    • Trading Courses
    • Stock Pick Service
    • Recent Trades
    • Trader Coaching
    • Seminar DVD’s
  • Subscription Info
You are here: Home / Hit List / Hit List 4-18-2010

Hit List 4-18-2010

April 18, 2010 By Jeff White Filed Under: Hit List

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.
0418_2010_TL
trading-list-legend
STT stopped, VMW & WMS stops raised

Open Position Notes:

CAG took on more of a rolling-over appearance on the daily chart with Friday’s continuation move lower, so let’s see if this one can pick up some speed on the downside.  I’ve been very patient with this slow mover, but am ready to see more than just some minor profits.

VMW had turned higher early on Friday, appearing to begin another leg up before market weakness ultimately brought it down.  It only gave up a few cents on the day, and is holding above the $56 area.  Earnings are due out on Tuesday after the bell, so I’ll be looking to make an exit in the next 2 sessions – watch for an email and on Twitter.  I’ve tightened my stop to $56 just in case we see some early weakness on Monday.

WMS gave up a little ground on Friday, but I was pleased with the rebound from its session lows.  This one is still holding nicely above the breakout zone, so I’ve tightened my stop to breakeven and will otherwise wait for follow through in the days ahead.  Friday was an important day of rest for the stock, so let’s see if it can gather strength again soon.

PDCO moved higher again on Friday, shrugging off market weakness to show some relative strength.  My target for this trade is the $33 level, so it could be reached any day now.  Let’s see if some follow through can be seen to take this one up to that zone.

0418_2010_PF

Closed Positions:

STT got hit with the other financial stocks on Friday, stopping me out for a minor 1.4% loss.  This constitutes a breakout failure with the move all the way back into the lower portion of the base, so I’ll leave this one alone for now.

Tagged With: Hit List

About Jeff White

Jeff White started trading in 1998 and resides in the Dallas/Ft. Worth area with his wife and two sons. Twitter / Google+ / Facebook / StockTwits

Member Login

Become a Member Now
Lost Password



Recommended Broker



Links & Archives

Trading Blog Archives
Join the Email List
About Jeff White
Stock Trading Courses
Testimonials
Recent Performance

Post Categories

Stock Charts Posts
Q&A Posts
Index Charts Posts
Trader Improvement
General Blog Posts

Links

Terms of Service
Privacy Policy
Disclaimer
Site Map
Contact us

Follow


Premium Services

Stock Pick Service
Trading Courses
Trader Coaching

Copyright © 2025 TheStockBandit, Inc. · All Rights Reserved