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 removed (pattern negated), AA stop tightened, TTWO added
Open Position Notes:
AA gapped higher this morning and then ramped further in a short-squeeze type of fashion. The highs were set about 15 minutes after the open, and weren’t touched for the rest of the day. This appears to be a test of the breakdown zone, so since this looks to be such a valid technical area, I’ve adjusted my stop slightly tonight in order to reduce my risk in the trade. I’d love to see this one drift back down, but should it happen to strengthen further, I’ll cover for a small loss and reassess.
Closed Positions:
No closed positions.
