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.
LLL triggered, VMW removed (no trigger, pattern negated)
Open Position Notes:
LLL triggered a short entry Friday as it undercut support at $69.40. Although the stock was able to finish off its worst levels of the session, I was still encouraged by the overall price action with the stock finishing beneath the breakdown zone. I’ll be watching for follow through in the days ahead, at which time I may make an adjustment to my stop loss. For Monday, I’m sticking with my existing trade parameters.
Closed Positions:
No closed positions.
