Swing Trading Watch List – Mar 8, 2012

7 Mar

Some great names setting up on the long and short side. For longs we’re waiting for a break above highs to enter (buy stops work well). I typically give the markets 15-minutes to open up and settle in before placing a trade. If we break highs during this time I will set my buy stop above the 15-min high. For shorts looking to place a sell stop below lows. Stops on both are above/below recent highs/lows respectively.

Longs: AAP, AGNC, AZO, CERN, CHG, COR, DDS, DLTR, GHDX, SBUX

Shorts: BCPC, PPO

To Download Tim’s Trading Plan Guide Click Here.

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