Wk6: Watchlist Update

3 Feb

While there still aren’t any phenomenal setups out there, keep these on your radar for the next few days.

Long: Buy over Monday’s High (Stop under the low):

  • ATHN, AVA, HANS, MMS

Short: Watch for breakdowns in:

  • EMN, MMC, SIGI, SINA, SIVB, WAT

Wait for a small bounce in FDX, LNN, SJT to go short. A great way to keep positions managed in this market climate is to have a basket of longs and shorts. This way, if we move sideways or continue up, down every other day you have a hedge against your position.

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