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You are here: Home / Hit List / Hit List 1-6-2011

Hit List 1-6-2011

January 6, 2011 By Jeff White Filed Under: Hit List

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.

01062011-TL
trading-list-legend
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.

0106-2011-PF

Closed Positions:

No closed positions.

Tagged With: Hit List

About Jeff White

Jeff White started trading in 1998 and resides in the Dallas/Ft. Worth area with his wife and two sons. Twitter / Google+ / Facebook / StockTwits

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