Swing Trader Pro: Afternoon Briefing (08-07-2023)

JC Parets
August 7, 2023

From the Desk of Kimmy Sokoloff

We have a little bit of a give and take here.

The indices are below their respective resistance levels and, as of now, they're unable to get above them.

Here are today’s trades:

  • I bought $PYPL at 62.70 and sold at 63.40.
  • I bought $BA at 236.27 and sold at 237.29.
  • I shorted $U at 39.53 and covered at 39.02.
  • I shorted $NET at 66.46 and covered at 65.90.

I booked one loser:

  • I bought $NVDA on July 31 at 470, added on August 3 at 445 and 448, and sold all today at 452. I lost seven points.

I have open long positions in $VXX and $MRNA and open short positions in $QQQ, $KLAC, and $NFLX.

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

And please reach out with any questions.

All Star Charts Team

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