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.
