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.
VSH triggered, IVN added
Open Position Notes:
BEAV tested the $36 level this morning, just a few cents from last Thursday’s high, and backed off into early afternoon. From there, the stock was able to stabilize and finish off its lows, but volume picked up on the downside and that isn’t ideal. I’m sticking with my stop loss for now, and would be encouraged to see this one mark a multi-day high soon. That would indicate more upside to come, but currently the stock is consolidating and I’m doing my best to remain patient.
VSH triggered a buy today as it cleared $14.05, but once again the volume failed to expand along with the rise in price. This one finished just a few cents from my entry, so I’m going to stick with it for now. This is a pattern I like, but stronger is likely needed in order for this one to gather some upward momentum.
Closed Positions:
No closed positions.
