Trade Update 10_27 | Bulls on Wall Street

Trade Update 10_27

 

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.
 
SOLF LONG
 

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

 
 

KLIC LONG

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 
 

Leave a Comment