Let me tell ya… It wasn’t easy finding 4 stocks that were bucking the trend and close to, or in the process of breaking down. But I did, and I earned a little overtime in the process.
Nonetheless, out of the four stocks below, I like Silver (SLV) the best. That thing has one heckuva bear-flag in the works, and if it breaks, SLV is at a psychological price level, that could see a lot of people jump ship and abandon the Silver $1,000 pie-in-the-sky belief.
And, oh yes, I sold the thrilling PPL Corp at the close at $27.97 for a whopping 1.2% gain over 14 days. The other 6 long positions I am holding overnight.
Here are 4 stocks breaking down.
Welcome to Swing Trading the Stock Market Podcast!
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In today's episode, Ryan answers the questions of one listener ranging from his transition from paper trading to live trading, and swing trading to day trading. Also addressed is his approach to trading, specifically Fibonacci retracement levels and why Ryan prefers Pivot Points instead.
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