If the markets look poised to close strong this evening then I will initiate a single long swing position. I like the retail sector. Their price action today after a few days of persistent pullback has been very impressive. There are also a handful of technology stocks that also look good. Here is my focus list of stocks that I will pick my trade from: LCC, UAUA, SNDK, NFLX, CRM, HAS, SKX, and DDS.
Good luck and good trading!
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
Subscribe to:
Post Comments (Atom)
MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
-
I moved up my stop loss order on APKT from $26.00 to $27.00. Although APKT could still work, I do not like the persistent weakness I am seei...
-
I am of the belief that the markets will move higher over the course of the next 4-6 weeks. However, beyond that I am not very confident in ...
-
These three stocks are currently breaking down from stage three topping patterns. All three recently announced earnings disappointments a...
No comments:
Post a Comment