Only a handful of stocks triggered from yesterday’s watch-list and the one’s that did, did not gain much traction but are still set up for possible breakouts if the market permits it. This is the whole point of having and tracking your watch-list, it will get you involved in a heavy way or in a very light way depending on market conditions, but more importantly, it also depends on how good you are at finding good long set up candidates.
If you have a loose criteria then you will probably have a ton of stocks on your watch-list that might trigger but not really offer a good risk reward trade. It is very important to know what a good set up means. We were shooting fish in a barrel over the last couple of weeks but things have slowed down a lot this week. Here are the top 5 from yesterday:
Today’s List; $BYI $HBI $NTRI $LIN $PCAR $DANG $KNDI $XRS $XIN $HSOL $HZNP $EHTH $DECK $HXM $OWW $MTG $ZOLT $GME $OSK $ALR $EXXI $LEE $MKTX $DSW $GMCR,
Disclosure: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Resting In The Weeds
Published 09/13/2013, 02:14 AM
Updated 07/09/2023, 06:31 AM
Resting In The Weeds
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