A quick post tonight. There were two breakouts from the Watchlist. I had the buy points incorrect on the Watchlist, but the charts were correct. The buy points on the Watchlist are for my own personal reference, so be sure to use your own if you trade any of these stocks. Now, here were the triggers:
Yesterdays trigger HWAY added to yesterdays gains, and still looks good here. I am holding half of my original position.
The S&P 500 is finding some support at the 200-Day MA, but so far, no bounce. Perhaps we could see a bounce soon, but I think it will be short lived. My trades will be very short term here, mostly day trades.
I was thinking of not trading tomorrow, but saw a few charts that I like and don’t want to miss out on any possible opportunities. For example, I almost posted the chart for INSM last night, which was up over 12% today. Didn’t watch it today and totally missed it. Hopefully, one of these will make up for the lost opportunity.
Good luck and good trading!
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