While the market had a large move today. Not much has changed since yesterday. We are still looking at the same group of stocks, the only one triggering a long was SWI. Reason being that it broke the high of Friday’s candle (the low bar).
After seeing our list of stocks react to today’s price action we DON’T like BKH, DPZ, HD, MCY, PGN, or TRAK anymore. No harm no foul. Waiting for a break above the high of the low bar helps keep you out of getting in too soon.
Stocks to Watch on 11/22:
Longs: ACGL, ALTE, ANSS, AWK, CASY, INT, MA, PGN, QCOR, SQI, TSCO, WCG
Shorts: AMRS, AVP, DGI, GEOY, IVC, QSII, TMO, VRTX, ZMH
With so many stocks out there to choose from, it pays to be selective.
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