swingtrade update 2/1 | Bulls on Wall Street

swingtrade update 2/1

We sold off our $ldk swingtrade today in the bulls room at 1.7 from 1.67 entry. The market gapped up pretty big this morning and we should have sold this one a little quicker. Took $90 on the trade.

We also added two new swing positions going into monday.. here is a look at them.

1. YY- added this one long at 13.89, stop at 13.65. This is an ipo stock that is flagging. Powerful swing setup.

2. ARCO- added this one for a swingtrade at 14.34.. This one held its gains nicely today and closed strong after making a huge chart break out on the daily chart. Looking for a gap up monday.

 

2 thoughts on “swingtrade update 2/1”

  1. Noob question here, but been studying the YY chart trying to figure out how you came up with your stop @ $13.65? Looking forward to the 4 day class in a few weeks – thanks!

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