Swing Trading Model

[LiveLife]

= WATCH LIST UPDATE =

*** Still learning to moderate the board and had to delete post #19 due to error in moving ONCI to HOLD instead of BUY < still human > ***

Been busy Christmas/post Black Friday shopping with family this evening and just got back.

I did a quick running of charts to update the Watch List and will run the stock screener over the weekend and post pertinent annotated chart reviews.

Consider this - Over the decades, I have noticed during/post Thanksgiving holiday a widespread drop in trade volume and "interesting" trade patterns that make charts less trendable. This is likely from professional and retail traders (That's us) traveling during Thanksgiving/Christmas/New Year's day holidays and temporarily not trading or less actively trading which drive remaining smaller number of traders to more quickly migrate/rotate through rebounding stocks with perhaps greater caution and less confidence.

So during this time, anticipate volatility with some stocks (which benefits short-term technical swing traders like me) and increased/more frequent profit taking (As we have seen with stocks like RGSE/NLST/SHMP).

And these are additional reasons why I now only conduct short-term technical swing trading versus longer-term fundamental trading as I have the flexibility to quickly BUY/SELL within days and move unto other rebounding stocks instead of bemoaning volatility and/or sudden drop in share price over weeks and months.

GLTA


Moving AYTU/ONCI to BUY, HEMP to HOLD, NLST back to HOLD, GSAT to WATCH

WATCH: ABIO, ADOM, AKER, APRU, ARYC, BPMX, BW, CEI, CYTX, DCIX, DPW, EAPH, INPX, JONE, MNJA, MNKD, MOSY, NVCN, PHOT, PLG, POTN, PXS, RGSE, RXMD, SGYP, TOPS, TROV, UPL, VLRX

BUY: APRN, AYTU, CATB, CRMD, DNR, ENDV, MNGA, NSPR, ONCI, ONCS, PTN, SHMP, TRXC

SPECULATE: DRUS, HMNY - https://investorshub.advfn.com/boards/read_msg.aspx?message_id=145180281

HOLD: HEMP, NLST, SFOR

TAKE PROFIT/SELL: None