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.
IMAX added
Open Position Notes:
CREE bounced again Friday with the market pop and nearly took me out. It came within just $0.10 of my stop loss before backing down slightly, and still stands just a short distance from my stop. It could be that this one goes ahead and checks me out, but for now I’m still in and will see what happens with it. This stock has exhibited plenty of relative weakness until the past two sessions, and it remains beneath former support (which is now serving as resistance). So I still see a case for a short sale, but I won’t fight it if the stock reclaims former support.
Closed Positions:
No closed positions.
