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.
ARBA triggered, FMC added
Open Position Notes:
ARBA triggered a buy today as it crossed the trend line at $32, recovering nicely from a downside gap on the open. This one was able to hold above the trend line after clearing it, although it really didn’t make any progress. Today’s sagging volume in the stock was likely the cause for the lack of follow through, so I’m going to stick with my existing parameters heading into tomorrow’s session and see if it can gain some traction.
Closed Positions:
No closed positions.
