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.
EJ stopped, 100% cash tonight
Open Position Notes:
No open positions.
Closed Positions:
EJ hit my stop today to take me out for a modest 2.1% loss. Monday’s failed push through the trend line proved to be telling, as today the stock turned lower to exhibit relative weakness to the overall market. I’m out for now, but am going to keep an eye on this one in case it begins to act stronger once again. I liked the setup for another push higher, but a downside reversal after a trend line break simply doesn’t justify a position in the stock for now.
