Half of the trading day is already gone, but here are the setups that I like the most heading in the afternoon of trading. All seven plays are very strong, but on two of them, you will want to make sure volume picks up with the breakout. I actually got in BWS already this morning.
LONG: Brown Shoe (BWS)
LONG: Icagen (ICGN)
LONG: Pluristem Life Systems (PSTI)
LONG: Scientific Games (SGMS)
LONG: Sun Bancorp (SNBC)
LONG: Supervalu (SVU)
LONG: Vical (VICL)
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Watching the dollars rise and fall in your trading account can turn a well-planned swing trade into an emotional, deeply personal decision. In this episode, I explain why focusing on price action, percentage returns, and R-multiples can help you avoid cutting winners early, holding losers too long, and abandoning your trading plan.
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