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Swing Trader Pro: Afternoon Briefing (02-24-2023)

February 24, 2023

From the Desk of Kimmy Sokoloff

The market was straight down most of the day.

We saw a little bounce, but nothing that impressive.

Here are today’s trades:

  • I bought $GOOGL at 88.68 and sold at 88.90. It just didn't  want to bounce.
  • I bought $MMM at 107.07 and sold at 107.45.
  • I bought $VLO at 131.78 and sold at 132.28.
  • I bought $SQ at 76.89 and sold at 76.91. It wasn't moving, but then it went to target at 77.40. Too bad to miss out on it. I'll watch this name next week.

Lots of stops today. 

I booked two losers today:

  • I bought $AAPL at 146.62 and sold at 146.07.
  • I bought $BA at 201.30 and sold at 200.15.

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

We broke support, and we're sitting at the 200-day moving average for the $SPX at 3,940.

To get movement higher, we need to be above 3,980. Otherwise, we can head down to 3,924.

Have a great weekend. Look for the Morning Briefing on Monday.

And please reach out with any questions.

All Star Charts Team