Swing Trader Pro: Afternoon Briefing (10-17-2022)
Here's a recap of today's trades:
- I bought $MRNA at 137.42. I sold half at 138.42 and half at 137.50.
- I bought $V at 187.80 and sold it at 186.35. It traded as high at 188.57. I was looking for 188.80.
This was an interesting trade because at 10:29 a.m. ET 1.9 million shares traded, and the stock dropped a buck quickly. That triggered me and made me sell at that point.
At 12:39 p.m., news came that I assume was negative, and the stock dropped to 182.85. I knew something was off, and I alerted the room.
I did have a profit up to 188.50, but, unfortunately, I didn't take it. Stopped myself due to that high-volume drop on price.
- I bought $INTC at 26.68 and added to my position at 26.40. This was a winner last week for us. I'm was trying to see if could have more movement on company news. I sold my entire position after hours at 26.40.
I have one open position:
- I bought $AAPL at 142.50. I bought small, as there's always overnight risk these days.
I didn't trade much today, as we gapped up from the open so it was hard to capture moves.
I'd like the SPX to hold support at 3,645 and hopefully break out up of this range at 3,684 to move to 3,713 then 3,739.
We'll see you live at the open on Tuesday to start the trading day.
And please reach out with any questions.
All Star Charts Team