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.
ADTN triggered, ATI & WLL added
Open Position Notes:
ADTN triggered a buy on Friday with a quick jump higher, taking it from the low end of its short-term range up through recent resistance. The stock finished the day slightly below the breakout point, although it posted its highest close since late-July on an increase in volume. I’m going to give this one a bit more time to evaluate the price action before looking to make any adjustments, but I like how it respected its recent range last week and now is attempting to turn higher. Let’s see if it can show some follow through in the days ahead.
Closed Positions:
No closed positions.
