A dip in a stock is not necessarily the end of a stock, unless the dip buyers fail to jump in.
Now that is what I call the motto of this stock market, stocks, and every instrument of trading that has been on a continuous upstream for the entire year of 2013.
I've provided here a list of the stocks that are setting up nicely for an opportunity to get long on. I cleaned house last week with a number of stocks on the list as a number of stocks that I was following had simply lost the trade setup I was looking for and had become way to overextended to ever have an ideal trade setup in the near future.
As a result I am using only those stocks in this list that have an opportunity for a trade opportunity to get long in the very near future.
Whether it is on the pullback or the breakout there is something for everyone here.
Few swing trade setups to keep an eye on
I've got a close eye on Kinross Gold (KGC) as it has shown over the last couple of months A LOT of accumulation in shares, and once it gets above $5.75, this stock will be ready to rock and roll.
Pullbacks are not so common these days, but the one in Dean Foods (DF) has me interested and could very well push to new highs and be over $21.50 in short order.
While I prefer eating at McDonalds (MCD) over Burger King (BKW), there is no doubt that the accumulation taking place in BKW could lead to a bigger move that puts the stock back over $20. Consider jumping in this stock over $19.10.
Here's the rest of the my swing-trading watch-list.