Swing Trader Pro: Afternoon Briefing (10-12-2022)

Here are today's trades:

• I bought $PFE at 42.68 and sold it at 42.90. I was looking for a move to the eight-day moving average. I needed to get in at 42.57; it just moved too fast.
• I bought $PEP at 169.50 and sold it at 170.

I called out two setups in the live trading room:

• I recommended $ORCL at 63.10 for a move to 63.50 and then to 63.90. Both targets were achieved. I didn't take the trade because I messed up the order. But some people in the room captured it!!
• I recommended $XOM long at 97.40 for a potential move to 99.

It's pretty amazing the volatility we had yesterday from the Bank of England and today, nada. 

We'll see what the CPI data brings us in the morning. 

And we'll see you live at the open Thursday to start the trading day.

And please reach out with any questions.

All Star Charts Team