Another +$14,114.72 in realized gain Monday, bringing 2019 performance to $168,327.97.
Into Tuesday I’m holding some really nice swing trades I think could deliver another big day.
ARLO – Fish hook (oversold pattern). Main product put back into the rotation this month. Earnings on 2/5. Expecting runup into call. Stop loss below $6.60 or Monday’s low.
USAT – Accounting issues behind. Rest and retest pattern with range to $9. Base above $5 is what I’ll play off.
KNDI – Rocket (breakout pattern). Bull flag. Up on a down day. Range into the middle $6’s if the middle $5’s supply line breaks.
LEVB – Rocket. Rest and retest pattern with range to $6 if $5 breaks. Light volume consolidation suggests a big candle could be looming.
BRS – Tried this Friday into Monday with limited success. In play above $4 with range to middle $6’s. Fish hook already up a lot from the middle $2’s so tight stop loss if momentum fails.
FENG – Meant to buy this base pattern last week (was on the watch list) and Monday it moved up on light volume. Up on a down day with a pivot at $3.80, I like this above $3.40 for a move to the middle $4’s.
VHI – Fibonacci retracement or rest and retest. In play above $2.80 for a move to $4.
BOXL – Another Fibonacci pattern. This one is in play above $2.40 for a move to the middle $3’s.
Explosive volume and price action recently could lead to a larger $4 breakout.
Learn more about my education and real-time alerts on these stocks.