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.
RAX added
Open Position Notes:
FSLR triggered a short sale on Monday, but struggled to produce any initial follow through. This morning, the stock was hit with a downgrade, and despite an early attempt at a bounce it remained underwater and finished the day with a more bearish-looking chart. Today’s move came on increased volume, which gives the daily chart more of a rolling-over appearance. This stock now looks poised for some follow through, so let’s see if we get it. If anything, I liked today’s relative weakness compared to the NAZ.
Closed Positions:
No closed positions.
