(Free Preview) Weekly Swing Ideas
New All Time Highs... Again
Welcome to the free preview of Stats Edge Pro. We use systems to guide our actions, rather than relying solely on TA. You can learn more about our systems HERE. We offer systems for day trading, swing trading, and investing. For this free preview, we will show you what we are watching as we enter next week.
You will notice three different trading strategies, each seeking a one-week hold, and each with entries, stops, and exit rules.
Trading with this rules-based approach as our foundation helps greatly. 90% of our work this week is done; we simply wait for our alerts and take trades as they come.
There are a lot of setups here, so it's essential to note that our Discord bot will filter them down, showing us only names that trigger, allowing us to focus even more and spend even less time watching each tick of the markets.
Pullback:
Exit Rules: We hold until Monday and then exit our positions. These are more short-term trades, and often, if we feel we got a good price on a pullback, we can use some discretion to hold longer. However, note that these are faster trades that capitalize on market volatility.
Symbol Enrty Stop
LCUT 4.82 4.21
F 11.29 10.69
OSBC 18.41 17.61
BSVO 20.94 20.31
WMG 28.32 26.92
CIFR 5.29 4.29
SBH 9.66 9.00
MPB 29.2 28.02
MNSB 19.79 18.83
PEY 20.84 20.33
MCRB 10.52 9.00
EGBN 19.81 18.70
IMKTA 64.48 62.12
TRIP 15.31 12.75
BULL 12.79 10.82
FCCO 24.82 23.79
OLO 9.38 8.49
FUNC 31.67 29.48
HVT 21.36 20.08Mean Reversion:
Exit Rules: Like the pullback algo, we are looking to exit on the following Monday. I am less tempted to hold these names longer since the overall charts are going to be in a short-term downtrend.
Symbol Enrty Stop
PLMR 144.39 105.69
RSG 239.00 213.33Momo Strat:
This is a simple breakout strategy that looks for quick trend continuation. Trading off momentum, we want to enter quickly, put out a tight stop and hold until next Monday like our other swing ideas. Also, like our other swing ideas, if we have a good runner, I will use my own analysis to decide when to exit a winner. Losers, I always kill on the next Monday.
Symbol Enrty Stop
BBJP 61.83 61.35
BLW 14.28 14.21
CAPR 11.19 10.38
CGIE 32.94 32.71
EFG 112.05 111.20
EWD 45.8 45.34
EWJ 75.01 74.42
FLJP 32.18 31.94
FN 300.06 293.03
HIMS 50.88 48.38
IDE 11.74 11.65
JXN 90.23 88.45
LFCR 8.39 8.18
RZLV 3.15 2.97
SCO 18.25 17.72
TRGP 176.09 172.72
WGS 94.58 90.74