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.
GRMN stopped – back to cash
Open Position Notes:
No open positions – 100% cash waiting on new entries.
Closed Positions:
GRMN bounced again today to push back up into the gap from earlier this month, filling it completely and moving through my stop to take me out of my position for a 2.9% loss. While the loss wasn’t a big one, this kind of a reversal is disappointing given the stock had a few opportunities to really break down. It isn’t ready to go, so I’m out for now with a manageable loss and will await a new pattern before considering another entry.