After entering the day 100% cash, I decided to plop a little money down on the following two swing trades. I’m a little concerned about the market the rest of the week, but these two had strong days – both finished at their highs on good volume. I’ll keep stops tight.
Picked up some SOLF today at 10.72 after move out of recent consolidation off of SMA100. I like the MACD reversal and volume. First target, 11.35
Went long KLIC at 6.25 on move through 2 points of resistance.. horizontal and descending trendline. I’m digging the ADX and MACD positive cross