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Swing Trader Pro: Afternoon Briefing (01-17-2023)

January 17, 2023

From the Desk of Kimmy Sokoloff

The market consolidated most of the day.

$SPY tested its 200-day moving average a few times down at 396.90 and managed to hold. 

Here are today’s trades:

  • I shorted $VLO at 138.10 and covered at 137.50.
  • I bought $CRWD at 100.14 and sold at 101.39.
  • I bought $RBLX at 37.49 and sold at 38.
  • I bought $ADBE at 348 and sold at 349.09.
  • I bought $ZM at 69.54 and sold at 70.05.
  • I shorted $BABA at 115.03 and covered at 114.46.

The setup I talked about in today's Morning Briefing, $NVDA, hit our target at 173.

And JC called out a $TSLA long!

I booked one loser today:

  • I bought $SQ at 74.65 and sold at 74.10.

I have an open long position in $SHOP and open short positions in $NKE, $GE, and $MS.

We'll play it safe the rest of this week, as we are a bit overbought.

Look for the Morning Briefing on Wednesday.

And please reach out with any questions.

All Star Charts Team