We are walking into a decent overnight gap higher, I’m not a fan of chasing gap ups nor buying my alerts if they trigger right at the open. Oil names and miners were the big winners yesterday, we’ve highlighted a bunch of those name last week here –CHK,CLF,CNX,BTE,WPX,MUR,ECA. $AR was the big standout from yesterday’s list, another oil name, Huge Base Breakout
On my list today; WLB, FOE, WAB, PAH, THC, FEYE, FIVN, SPNC, VNCE, DBD, DDS, TWTR, CENX, SAIA, YELP.
- There are 3-5 day long swing set-ups.
- I only have an interest if they go through yesterday’s high plus a few pennies.
- Most of these are tight set-ups, the stops are close by, and it won’t be hard to tell when you are wrong.