Combining The Daily With The Weekly

Today we have a decent amount of stocks on the watchlist, I left out many names, and I will be paying a lot more attention to these names today; BTE, CTXS, SHOP. Those 3-names have decent consolidations both on the daily and weekly timeframe.

Here are the rest of the names;

We have an interest in these names if and only if they go through yesterday's high. That one single criterion on most days eliminates a bulk of the names. These ideas are what we consider swing trades that can last anywhere from 1-10 days. Most stocks if not all go through a momentum burst that lasts 1-10 days and that is what we look to take advantage of.

Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at fzorrilla@zorcapital.com or 646-480-7463. 

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