OPEN POSITIONS
$AXK, $CT and $RMTI will remain. I recommend selling $TISA today since it has'nt acted as anticipated by breaking out and giving $SIMO one more day to prove it self. If $SIMO does'nt break out today then sell into the close. $OPXT and $PLAB triggered and therefore are now added to open positions with $AXK, $CT, $RMTI and $SIMO for at least one more day.
LONG WATCHES
SHORT WATCHES
I think the markets are putting in a short term bounce at the very least and may even be at the start of a multi week up move. So I do not recommend shorting unless we start seeing blatant weakness in the markets. Based on the buying I saw yesterday, I think that it is fairly safe to hold swing longs in your portfolio such as those mentioned above in open positions.
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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