$TLRY with a strong pullback to key double bottom support and reversed hard. Lots of volume flowing in, and cannabis stocks across the board reversing.
$BTC.X selling off, but finding some support at its 50-day moving average, but the latest rejection at a major breakout, creates a new level of resistance to be reckoned with.
$AFL dealing with a lot of resistance that goes back to 2019. Break through it though, and you just might have a nice runner on your hands.
$YUM has a cup and handle pattern it is trying to push through.
And it’s worth mentioning…
Welcome to Swing Trading the Stock Market Podcast!
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In today's episode, I talk about tightening the risk on the trades and the benefits of taking a multi-pronged approach in doing so between profit taking and raising the stops. Also, I cover how how aggressive one should be in adding new swing trading positions and how many open positions that one should have at any given time.
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