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Daily Update

Trade Summary

We had no additions or deletions to the TA Portfolio as well as no new trades coming from the Watchlist today.

Portfolio Summary

The majority of our long positions continue to consolidate recent gains.  The one exception today was SUPN which moved to new highs.  TNP tried moving out near 10 but was pulled back into the most recent base.  We are also paying close attention to OLED and SYNP for any signs of weakness.

You'll notice that the orange arrows are highlighting price bars which are painted white.  The code script is designed to show when a stock has recently moved out of a pricing pattern, ready to consolidate or nearing tops.  Once a stock has been trending for a while, it's utilized to move our stop closer and lock in gains faster. 

Watchlist Summary

We had no additions to the watchlist today, but we did have 2 deletions.  RUBI and CRTO are no longer part of the watchlist.

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