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.

APKT triggered

Open Position Notes:

APKT triggered a buy today as it cleared the $61.50 trend line to start moving higher out of its short-term narrowing consolidation.  Volume improved slightly with today’s advance, and the stock closed above the breakout zone despite weakness in the overall market.  That’s encouraging, but in a perfect world we’d have seen the stock finish closer to its highs of the session along with above-average volume (even though it did expand).  All in all, the stock held up well today, so I’ll stay with my existing trade parameters heading into Friday to see if it can show some follow through.

Closed Positions:

No closed positions.

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.

APKT added

Open Position Notes:

No open positions.

Closed Positions:

No closed positions.

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.

KKR & ATML closed – 100% cash

Open Position Notes:

No open positions.

Closed Positions:

KKR pushed through Target 1 on Thursday, and Friday started out with some strength as well with the stock making a new high.  However, the volume sagged, and once profit-taking kicked in, it made for a negative reversal in the stock.  I had raised my stop for remaining shares to $15, and that stop was hit to take me out of the trade for an overall net gain of 3.4%.  Not bad for a few days, and the stock remains healthy so I’ll keep it on the radar in case it sets up again.

ATML gapped higher on Friday again, and quickly hit Target 1 on its way higher.  I closed 1/2 my position there, and not too long after the stock ran right to Target 2, allowing me to book remaining profits right where it topped out there for the day.  Overall, this trade produced a quick gain of 8.6%, so I’m out and pleased.  Technically, it behaved great with strong volume and a steady run all the way to the measured move out of the ascending triangle pattern.  They don’t get much better than that!

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.

KKR & ATML stops raised

Open Position Notes:

KKR spent most of the day in a narrow range, and much of the time in negative territory.  But late in the day, the stock pushed through to positive territory and went out just a few cents from its highs.  My raised stop from last night was also respected, which was encouraging.  The stock looks ready to accelerate any day now, so I’ve raised my stop again for remaining shares tonight in case it happens to weaken, which would allow me to book a solid gain.

ATML gapped higher this morning and held up nicely, giving back only a little ground from the morning highs.  I’ve raised my stop for this one tonight as well, as it’s holding above the breakout zone nicely and at this point I wouldn’t want to stick with the trade should today’s gap happen to fill entirely.  Let’s see if it can head toward the Targets in the coming days.

Closed Positions:

No closed positions.

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.

KKR Target 1 hit & stop raised, ATML stop raised

Open Position Notes:

KKR headed lower this morning, stopping just 5c shy of hitting my stop.  That level was clearly valid, as the stock then turned and rallied sharply higher, hitting Target 1 to take me out of 1/2 my position for a quick 4.1% gain.  I’ve raised my stop tonight for remaining shares to just beneath intraday afternoon support, and otherwise will be watching for follow through toward Target 2 in the days to come.  Nice volume pickup today, but particularly the price action was solid.  So far, so good.

ATML rallied today on more strong volume, although it was slightly beneath yesterday’s levels.  The stock made its progress mid-morning, and then consolidated for the final few hours of the day.  That could lead to some follow through tomorrow if the consolidation is resolved to the upside, so I’ll be watching for some acceleration higher if today’s high gets cleared.  The stock is marking new highs, and that’s encouraging.  I’ve raised my stop a bit tonight to just beneath today’s bar in order to reduce my risk now that the stock is trying to get going.

Closed Positions:

No closed positions.

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.

KKR & ATML triggered

Open Position Notes:

KKR triggered a buy today as it crossed the trend line at $14.60, but the stock slipped enough to fill most all of Monday’s gap.  That was a healthy move, and it also held above my stop, helping to validate short-term support.  The stock rallied back enough to finish down only a few cents on the day, so while I don’t like the failed breakout attempt on day 1, I do appreciate the technical action and the rebound from the day’s lows.  I’ll give it at least another day or two to see how it responds before looking to make any adjustments.

ATML triggered a buy today with a push through $12.70, and this stock was also able to shake off a test of the downside with an afternoon rally which took it out at the highs of the day.  Volume picked up with today’s breakout, so I’ll be watching for follow through in the days ahead, keeping my stop as-is heading into Wednesday.

Closed Positions:

No closed positions.

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.

KKR & ATML added

Open Position Notes:

No open positions.

Closed Positions:

No closed positions.

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.

ISIL stopped – 100% cash.

Open Position Notes:

No open positions – 100% cash.

Closed Positions:

ISIL edged past Thursday’s high on Friday, but couldn’t hold up, ultimately reversing lower on increased volume.  The move hit my raised stop for the 2nd half of my position, taking me out for a 2.5% gain on the overall position (including Target 1 being hit for 1/2 my trade on Thursday).  This one never quite accelerated higher as I had anticipated, but it still worked out to be a winner, which is nice.  I’ll keep it on the radar in case it sets up again, but right now it’s not showing much momentum.

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.

ISIL stop raised

Open Position Notes:

ISIL moved up again today, but once more in a very quiet fashion.  This one is now just a few cents from Target 1, and with even a little acceleration could hit both targets any day. I’ve raised my stop for this trade again tonight, looking to lock in a gain even if it happens to turn lower from here.  If Target 1 is reached tomorrow, I’ll likely raise my stop again via Twitter (@TheStockBandit).

Closed Positions:

No closed positions.

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.

ISIL stop raised

Open Position Notes:

ISIL edged higher on the day, and at its best point was less than 1% from Target 1.  The stock looks to be trying to turn higher here after several days of indecision, so I’m eager to see if it can gather some momentum and head toward the Targets.  I’ve raised my stop for this trade tonight, setting it just beneath multi-day support while still giving it some freedom of movement.

Closed Positions:

No closed positions.