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.
BEAV stopped
Open Position Notes:
VSH held up rather well today despite giving back some ground. I was rather pleased with the relative strength it showed compared to the market, but this one still has some proving to do. I’d like to see it produce some upside follow through no later than the next market advance, and will stick with my existing stop loss to give it a bit of breathing room heading into Wednesday’s session.
Closed Positions:
BEAV triggered my raised stop loss at the open today as it gapped lower to take me out for a $0.01 loss. The stock had cleared the decending trend line with a nice initial push higher, but since then hesitated to produce follow through. Today’s broad market weakness was simply too much for it to fight, so I’m now out of the position for essentially breakeven. I’ll keep this one on the radar in case it sets up for another trade.
