Elite Swing Trades

[JLS]

Good thing trade has a lot of time.

Today it broke lower out of an inverted flag pattern. That was the most likely thing to do despite the market today.

The target would be to drop an amount equal to the height of the pole. It's likely to go to 19.

It's worth buying near-term Puts on SWHC. That could pay for the Calls you have on it. In fact it might pay for a larger Call position at a lower price.

I didn't think about that today because I really wasn't paying much attention to the market, and I forgot about SWHC until I saw it in the list of posts. But I think I'll put a sticky on my monitor as a reminder.