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.
FLR triggered
Open Position Notes:
FLR triggered a short sale today as it turned down through the rising trend line at $49.20. This helps to confirm the lower-high-in-progress appearance of the daily chart which has formed over the past week. Today’s move appears to be the start of a secondary decline (after the mid-October drop), so let’s see if follow through arrives. I like the start of this trade so far, but will stick with my existing trade parameters heading into tomorrow’s session.
Closed Positions:
No closed positions.
