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.
NG closed, back to cash.
Open Position Notes:
No open positions – 100% cash.
Closed Positions:
NG gapped higher this morning, but quickly gave it back as profit-taking produced a gap fill. I was concerned last night the stock may be getting short-term stretched, hence the aggressive raising of my stop loss for remaining shares. Today that stop was hit, netting me an 8.4% gain on the overall trade. I’m pleased with that in just 3 sessions, and given the trend is still up in this stock, will keep it on the radar in case it sets up for another entry. For now it appears to need some rest after a quick ramp higher.
