Swing Trading Stock Watchlist for March 18 and Beyond

The stock market made a followthrough day on March 16.

This is ONE of the market health indicators I wait for after a decline. It’s often one of the first signals to start nibbling at long positions. The other health indicators remain in poor shape, but are recovering. As more of those health indicators improve, I allocate more capital to swing trades.

In other words, in these conditions, I’m willing to allocate some of my capital to long swing trades that set-up nicely, but not of all of it…yet.

S&P 500 analysis for swing trading with market health indicators

A full market health update is published on the weekends and sent out in the free Weekend Trading Newsletter.

With that said, here’s what I am watching over the next week.

US Swing Trading Stock Watchlist

This a not a buy list. It’s stocks I’m watching because they have the potential to form a contraction/triangle pattern. I watch for these stocks to form valid entries based on the strategy.

This strategy and others are covered more in-depth in the Complete Method Stock Swing Trading Course, including how to scan and find trades.

174 Stocks met the scan criteria. Manually narrowed to these.

GDEN – flat since last June, though. Hmm.

CLR – angled up

BCC – watching now but want it to continue tightening up. That was a big earnings drop (and recovery).

AQUA – half cup

KZR – half cup

CNXC – Add to list on March 19

HBP – Added to list on March 20

BXC (since Feb 23) – Added to list on March 20

Canadian Swing Trading Stock Watchlist

96 stocks on the list. Narrowed to those below.

Had a bunch of breakouts the last couple of weeks, so the list is currently a little sparse.

HME.V – Trade in early Feb. Hit target, Contracted. Setting up again. Angled up.

FL.V

ALCU.CN – Added to list on March 20. Low volume.

To learn more about scanning to find explosive trades, as well as everything else you need to know about swing trading, check out my Complete Method Stock Swing Trading Course.

By Cory Mitchell, CMT

Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage.