Below is my watchlist for twitch and/or cup and grip patterns, along with the TATR strategy.
Market conditions are improving, so I am taking trades but currently with reduced position sizes to keep my capital exposure lower (compared to good market conditions).
Swing Trading Stock Watchlist – Contraction Patterns
Here are the scan criteria used this week.
166 titles met the criteria in the United States and 23 titles on the Canadian side. They have been manually filtered to those below.
TOU.TO – Tilted up. I don’t really like that. More to watch.
BW – pending consolidation
CLMT – pending consolidation
XENE – mount and consolidate
MCK – short, but tight models
SRTS – pending consolidation
STNG – breakout September 9
VST – pending consolidation
Stock Swing Trading Watchlist – TATR Strategy
TATRs are signals taken from the list of the best swing trading stocks. The ATR Stops indicator settings are (6.1.5)
Triggered recently, near the entrance.
ALLO PRVA CELH CYTK CPRX GOSS CD ENPH (this one launched above the ATR Stops line; the pullback provides a better entry point)
Close to trigger
BCRX AEHR ESPR FLNC ENVX STKL VRNA FOLD FUTU TH VIPS
Here’s a quick video preview of what I’m looking for in these stocks.
JOIN ME FOR WEEKLY TRADING DISCUSSIONS. Mondays, Wednesdays and Fridays. Ask questions about trading, get advice and discuss current market conditions. Meetings begin September 12 and registration opens September 11.
By Cory Mitchell, CMT
Disclaimer: Nothing in this article is personal investment advice or advice for buying or selling anything. Trading is risky and can lead to substantial losses, even more than those deposited if you use leverage.