On a day that experienced a fairly strong intraday pullback, it’s no surprise that there were a good number of stops taken out on the Swing Watch List (blue stocks). That’s what happens when you swing and set stops. The good news is that the majority of the closed trades were for positive gains and some for quite strong profits. Here is a summary of the stock positions closed today:
STEC 7.05% gain on stop taken out at 18.68
ZQK 1.90% gain on stop taken out at 5.36
FTK 21.38% gain on stop taken out at 5.15
PDS 0.41% loss on stop taken out at 9.71
NE 0.14% gain on stop taken out 35.39. Chart still could swing swing. chart still setup fairly well.
GKK 9.09% gain on stop taken out at 2.64
ACPW 7.89% gain on stop taken out at 2.46
URZ 2.26% gain on stop taken out at 4.08
BPZ 0.42% gain on stop taken out at 4.78
PDLI 0.16% loss on stop taken out at 6.22
EXK 1.23% loss on stop taken out at 7.25 on strong silver reversal today.
Keep in mind that these ‘trades’ are hypothetical and are not transactions that I or anyone here at Bulls have made. The goal here is to setup a fairly easy to follow swing watch list for you with entries and stops.
Let me know if you have any questions. I’ll run scans tonight and add more to the list before the open tomorrow.
