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.
ACXM triggered
Open Position Notes:
ACXM triggered a buy today with a late-morning surge higher, taking it through the descending trend line at $18.10. Unfortunately, volume was very light today, which prevented this stock from showing some initial follow through. It drifted back beneath the trend line to finish negative on the day, which constitutes a breakout failure on this first attempt. Perhaps it can get moving in a better fashion tomorrow, so I’m going to stick with my current trade parameters while I wait.
Closed Positions:
No closed positions.
