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Swing Trader Pro: Afternoon Briefing (04-12-2023)

April 12, 2023

From the Desk of Kimmy Sokoloff

It's a very sloppy market.

Either we're digesting to head higher or we're going to head lower right here.

Here are today’s trades:

  • I bought $SNOW at 142.95 and sold at 143.80.
  • I bought $CRWD at 134.86 and sold at 135.60.
  • I bought $META at 115.58 and sold at 115.95.
  • I shorted $IWM at 176.71 and covered at 176.52. My target was 176. It did get there, but I wasn't patient.

Here's the breakdown of my $NET trade: 

  • I bought at 63.49 and sold at 62.51. Then I shorted it at 64.08, 63.40, and 62.34 and covered at 62.78. I added a lot at the 64 and 63.40 level.

Overall, I made money. I was long, then I was short.

I booked one loser:

  • I bought $META at 215.18 and sold at 213.78.

I have open long positions in $HES, $VXX, $ERY, and $TSLQ.

Support for $SPY is at 407.50.

If we break it, we can head to 404.50 or so.

Have a great evening. Look for the Morning Briefing on Thursday.

And please reach out with any questions.

All Star Charts Team