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.
ATPG triggered
Open Position Notes:
ATPG triggered a buy this morning as it pushed north of the descending trend line at $22.80, but the highs of the day were marked soon after and the lack of upside volume prevented any follow through from being seen. By the end of the day, it had finished back beneath the trend line on light volume, leaving it still in basing mode. I’m going to stick with my existing stop for this one for now and will see how it acts on Tuesday. It might simply need another shot, we’ll see, but it’s under water at the moment.
Closed Positions:
No closed positions.
