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.
MDR stopped, AKAM added
Open Position Notes:
No open positions – 100% cash.
Closed Positions:
MDR struggled to continue higher the past couple of days, unable to make new highs since clearing its descending trend line. With the reluctance it’s shown, I raised my stop on the heels of Wednesday’s downside reversal as the stock made a multi-day high then closed negative. Today the stock broke down in the morning to hit my stop, taking me out of the trade for a modest 1.2% loss. It headed a bit lower before reversing back up late in the day, but I’m going to simply leave this one on watch for now.
