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.
ANR triggered & Target 1 hit & stop raised
Open Position Notes:
AGU marked a multi-day high early today but reversed to go negative on the day. This stock has bounced on weak volume, and today’s downside reversal is encouraging that perhaps the bounce has run its course. I’ve still got a stop in place should this one happen to head higher, but otherwise I’d like to see how it responds to a test of the $80.40 level again if reached.
ANR triggered a buy this morning as it gapped slightly through my intended entry of $52.45, opening at $52.59. From there, the stock headed north, taking out Target 1 intraday for a quick gain of 2.6%. Target 2 is now in sight and I’ve also updated my stop for remaining shares tonight in order to lock in a gain there if the stock should happen to reverse. Keep an eye on the Twitter stream (@TheStockBandit) tomorrow for a possible exit notification if the stock happens to stall out beneath Target 2.
Closed Positions:
No closed positions.
