I’m adding 5 shorts to the list, against 3 buys.
Swing trade stock screens produced 106 charts with multiple buy signals as of the last two trading days of the past week. There were 80 charts with a second sell signal. That’s a significant number on both sides. Most were whipsaw signals. But I did see a few nice setups on both sides when I reviewed the screen output. Non-subscribers click here for access.
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Two shorts hit stops last week. I’m closing out one of the buys based on the opening price this morning. After these changes, there will now be 27 active picks on the list, 22 buys, and 5 shorts. Non-subscribers click here for access.
Last week was a good rebound week for us after a bad start in the first week of the month.. Picks closed out last week, or currently open, show an average theoretical gain of 3.6% on an average holding period of 19 calendar days. Non-subscribers click here for access.
7/10/23 June was solid, with 25 picks closed at an average theoretical gain of 9.7% on an average holding period of 36 calendar days. The numbers assume all cash, no leverage, no margin, no options. Non-subscribers click here for access.
I have adjusted or added stops on just a few of the picks. The rest I have left without stops because the price and indicator patterns are good, so I will let those ride, with the assumption of risk mitigation through diversification and small position sizes. Non-subscribers click here for access.
Table in report. Non-subscribers click here for access.
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