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:
LLL bounced today with the market, and this one probably needs a bit of relief. I’ve already taken 1/2 profits at Target 1, and have adjusted my stop for remaining shares to breakeven, so I’ll sit tight for now and let it consolidate to see if a secondary decline will arrive. This one is a bit of a slower mover, so I’m doing my best to stay patient.
INTU turned back up today after some hesitation yesterday, finishing the week back above the descending trend line. That’s encouraging – for now – but I’d really like to see some follow through in the days ahead. This one exhibited some nice momentum just recently, so if after the mild pullback it can regain some strength, I like the setup for a favorable move.
Closed Positions:
No closed positions.
