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.
VRX & SLG added
Open Position Notes:
GS headed higher last Wednesday for a solid breakout, but failed Thursday along with a market pullback. Volume decreased, however, and then the stock rebounded Friday to round out the week not far from former resistance. Overall this stock is back in its base, so it’s still holding up and therefore I’m willing to stick with it for now while maintaining a stop upon a multi-day low. This one has an intermediate-term higher low on the daily chart, so the potential for a continued run higher remains in effect.
Closed Positions:
No closed positions.
