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.
FBHS added
Open Position Notes:
GRMN pulled back Friday morning but found buyers once again, and from there the stock lifted into positive territory by the closing bell. The gain on the day was modest, but it was another important recovery for this stock as it continues to base. For the week, it gained some ground, but overall remains beneath the most recent resistance zone which is $48. I’d like to see it push through that level on its next attempt and get going, or else I’ll likely adjust my stop. Thus far, there is no technical reason to sell but the stock is not making much progress and therefore I’m leaving my capital exposed to risk without much reward. I’m sticking with my existing trade parameters heading into Monday’s session.
Closed Positions:
No closed positions.
