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.
MOS stop tightened, DRI & NEM added
Open Position Notes:
MOS gapped lower today and gave back some of Monday’s advance, but stayed above its breakout zone. Today’s downside volume was also very light, which I find encouraging on the heels of the strong-volume advance seen on Monday. This one is struggling to produce day-after-day follow through right now, but it’s working and I’m doing my best to stay with it. I have tightened my stop tonight a little just in case, but otherwise will be watching Monday’s high as a short-term pivot which needs to be cleared in order for a push to the targets to occur.
Closed Positions:
No closed positions.