Swing Trader Pro: Afternoon Briefing (02-22-2023)

Let's start today's recap with a breakdown of my $NKE trade:

• I shorted $NKE on Jan. 4 at 117.90. I covered my original shares today at 120.96.
• I shorted more $NKE on Jan. 17 at 128, covered those shares at 125, shorted again at 128 on Feb. 3, then shorted more at 122 on Feb. 9 and covered all those shares on Feb. 10 at 120.34.

The first short I lost on. But I added along the way, making about 11 points in profit and three points in loss on this trade.

I decided to exit today, as it's held 120 for a while. Watch now it will drop, lol...

Here are the rest of today's trades, which featured a lot of stop-outs,

• I bought $PEP at 176.85 and sold at 177.40.
• I bought $CF at 86.06 and sold at 86.56. An STPer in the live trading room alerted us that it was moving!!

I booked three losers:

• I bought $PYPL at 76.05 and sold at 75.50.
• I bought $ROKU at 67.95 and sold at 67.10. I traded this small, and it did go to target at 68.40.
• I shorted $AAPL at 147.56 and covered at 148.97.

I have open long positions in $HES, $MARA, $AMZN, $GOOGL, and $VLO.

We're getting oversold.

We'll see what tomorrow brings after the GDP report in the morning.

And please reach out with any questions.

All Star Charts Team