For All You Swingers Out There!

Here are a few trades I'm in (most mentioned here recently) and some are looking good for Swing Trades, meaning near breakouts are just past them.

Below is GRMN. A breakout above $45 should get the move underway. I'm using a stop under $43.


OSTK has treated me well, but I saved some for the rest of you! I like the trade just north of $18.


CAR isn't an obvious choice for me, but I like it above $12.40. I'm stopping out under $11.80 if need be.


WLK has been doing really well considering the smack down in all the other chemical stocks. I think anywhere above $16.50 will due. Maybe a stop under $15.30?


SPSX is a stock I've shorted with limited success, but the strength in the dollar is forcing a lot of the speculative players to cover their excess leverage in these trades. The momentum crowd as well as the dollars proclivity toward skydiving should keep you fairly focussed on picking a stop-out level. I'd like to get short above $29-$29.50.


Finally AATI (don't have a chart for this one) breaks out above $7. It's already taken out the 50ma.

Remember, these are round-a-bouts numbers. What works for me may not work for you, find your own trade in these ideas. Also, with the exception of SPSX, I'm already in all these trades-in the interest of disclosure.

For more resources on Swing Trading, you've got to stop by Dave Landry's site or go on Amazon and order one of his books. The guy offers a ton of resources for free as well.

Speaking of free resources, Trade-Guild is exactly that. If you make a little jingle off these ideas, help keep Trade-Guild a free resource and drop a little thank you coin off in the "Tip Jar" on the right side of the blog-just above the Tag-Board (chat). It's much appreciated. Or, use one of our links to check out Worden's great trading platforms, Blocks and TeleChart. Trade Guild is an affiliate so using our links and mentioning us is greatly appreciated and won't cost you a penny more. Thanks-good trading.