I do not love any of these signals but I like all of them a lot. There are some minor flaws in all of them but if you adhere to my recommended stops the potential rewards are much greater than the inherent risk in these trades. YNDX is probably the safest. HK is the one that has the most upside potential but its obviously the riskiest. PFIS is super thin but these banks stocks have been rocketing higher when they move so I am taking a shot with this one. JYNT is a momentum RSI swing trade idea. AMBR is the most bullish looking of all of the charts but with all of that apparent accumulation entering the stock and with the strong overall market why is it not moving significantly higher yet? So be careful with that one also. CHKR is another nice momo oil swing trade idea but once again is nothing I am in love with. If you have a small account size or have high commissions I probably wouldn’t touch any of these or if you do make sure you focus on one stock like HK, YNDX, or AMBR and ignore the rest.
New Long Positions: HK YNDX (1%) PFIS (0.5%) JYNT (0.25%)
HK – Suggested final cut loss/sell stop levels: 8.50 and 8.12.
YNDX – Suggested final cut loss/sell stop levels: 17.81 and 17.28.
PFIS – Suggested final cut loss/sell stop levels: 39.21 and 38.85.
JYNT – Suggested final cut loss/sell stop level: 2.38.
Adding To My Existing Speculative Long Position: AMBR CHKR
AMBR – Suggested final cut loss/sell stop levels: 9.87 and 9.57.
CHKR – Suggested final cut loss/sell stop levels: 2.15 and 2.10.
