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.
CYH stopped
Open Position Notes:
No open positions, 100% cash.
Closed Positions:
CYH turned higher today to clear short-term resistance and trigger my stop, taking me out of the trade for a 3.4% loss. Getting stopped out of trades isn’t ever fun, but given that this was a pattern failure, I’d rather it happen quickly than delay the process. This stock no longer looks short-term bearish, so I’ll stay away until a new pattern surfaces.