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.
No changes
Open Position Notes:
GRMN dipped late last week but held its ground today as it stabilized and turned back up with a modest 1% gain on the session. Volume was lacking, however, which adds to the range-bound appearance of this chart since it triggered an entry. I’d like to see it clear the $48 level to make a new recovery high from the recent pullback, and ideally on improved volume. I’m sticking with it for now and will wait to see if some follow through arrives after today’s advance.
CLR approached last week’s high but stopped 7c shy of it, then pulled back sharply into mid-morning. From there, the stock was able to stabilize and recover, finishing lower by just a few cents on the day. This one still looks like it could turn up from here, but it needs to push through the $91 area in order to get back on the move. I’m leaving my stop as-is for tomorrow’s session so this one can have some freedom of movement while waiting for a more decisive turn higher.
Closed Positions:
No closed positions.
