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.
PWRD stopped – 100% cash
Open Position Notes:
No open positions – 100% cash.
Closed Positions:
PWRD continued the pullback from yesterday and triggered my raised stop to take me out for a very minor 0.86% loss. Today’s move constitutes a breakout failure for this stock, nixing the secondary advance I had been looking for. This small loss is acceptable for a failed trade, so I’m now back to cash and will wait for new setups to come along before committing capital again.
