Swing Trader Pro: Afternoon Briefing (05-24-2023)

JC Parets
May 24, 2023

From the Desk of Kimmy Sokoloff

Wild markets today, and $DIA is riding a very fine line here. It's right at its 200-day moving average.

If it falls through, there's potential down to 322.50.

Here are today’s trades:

  • I bought $PANW at 202.43 and sold at 203.43.
  • I bought $UNH at 482.29 and sold at 482.90.
  • I bought $TGT at 143.87 and sold at 144.50.
  • I bought $QCOM at 101.90 and sold at 102.50.

I also called out $TWLO at 61.37 for a move to 61.97. It hit the target, but I didn't stay with the trade.  

I booked one loser:

  • I bought $NFLX small at 362.70 and sold at 359. It did hit target at 364, but I wasn't patient.

I have open long positions in $HES, $VXX, $MS, and $GS. And I have an open short position in $QQQ.

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

And please reach out with any questions.

All Star Charts Team

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