Market conditions are improving, so I’m taking trades but currently with reduced positions sizes to keep my capital exposure lower (compared to good market conditions).
Swing Trading Stock Watchlist – Contraction Patterns
Here are the scan criteria used this week.
166 stocks met the criteria in the US, and 23 stocks on the Canadian side. They were manually filtered to those below.
TOU.TO – Angled up. Don’t really like that. More for watching.
BW – awaiting consolidation
CLMT – awaiting consolidation
XENE – move up and consolidate
MCK – brief patterns, but tightening up
SRTS – awaiting consolidation
STNG – breakout on Sept 9
VST – awaiting consolidation
Swing Trading Stock Watchlist – TATR Strategy
TATR are signals are pulled from the Best Swing Trading Stocks list. The settings for the ATR Stops indicator are (6,1.5)
Recent Triggered, Near the Entry.
ALLO PRVA CELH CYTK CPRX GOSS CD ENPH (this one launched above the ATR Stops line; the pullback provides a better entry point)
BCRX AEHR ESPR FLNC ENVX STKL VRNA FOLD FUTU TH VIPS
Here’s a quick video run-down of what I’m looking for in these stocks.
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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.