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.
Open Position Notes:
GET weakened this afternoon to mark a new multi-day low, and it could be this stock is finally ready to get moving lower after several days of hesitation. It’s profitable, but hasn’t yet reached either of my targets yet, so I’m staying patient with it. I’ll stick with my existing stop for another night and see what tomorrow brings.
GDP tested the downside today mid-day, but after holding above my stop loss level, it rebounded to finish down only a few cents. This validates my stop loss level once again, so all I’m waiting for is some upside continuation. I’m trying to be patient for now.
No closed positions.