Three swing set ups from last night's watch list triggered today. BODY, TGA and MOTR. BODY looks good for a hold. However, the markets look poised to bounce and TGA and MOTR looks a bit extended short term to the downside. So if I were short these two I would have a very tight leash on them especially if the markets close strong.
IMRS continues to hold up well and could bounce if the markets do. So this is a hold if long.
GGAL: Like I said last night, were I long this from where I suggested buying in it I would have sold half this morning near $17.00 into the gap up with a stop around $16.00ish on the second piece.
AUGT I would have been shaken out for break even in the morning sell off. This happens.
PAM I would have exited half of this position into the morning spike and be holding the other piece with a stop below $18.00.
GSL I would have been out of for a small profit after it traded below yesterday's low this morning.
Hope you find my thoughts useful.
Good luck and good trading!
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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