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.
No changes
Open Position Notes:
AEM gave up a few cents on Friday after actually opening higher. However, volume sagged on the pullback in price, which is something I don’t mind seeing given that this stock is still inside its base. I’m going to stick with it a bit longer before considering any adjustments, as I’d like to see if it is able to make another attempt at a turn higher.
NOG pulled back on Friday, giving back a portion of Thursday’s gains. Here again, volume was very light, running just half of normal. That’s exactly what I like to see in a stock like this which as given me a momentum pop and now is seeing mild profit-taking. I’m going to leave my adjusted stop as-is for Monday, giving this one some room to breathe should it happen to rest further. I like the price action here though, so I’ll be looking for a continuation move in the days ahead.
Closed Positions:
No closed positions.
