Simple Swing Trading with the #Nifty50StockList

The market, and its stocks, either goes up or it goes down. It is amazing how difficult it is to recognize that simplicity.

10/18/21 INTRADAY

Here’s one for the meme freaks.

AMC is up 17% since the market swing-trading signal on the open of 10/6.

That is market timing but in this case it could also be attributed to insanity.

On 9th day of the market rally and with AMC up for the 4th day in a row it might be time to for some profit taking.

Oh, excuse me…no one holding this stock is willing to take profits (if they have them) until they die.

10/11/21 INTRADAY

CEI is up 25% since the rally signal for the open of 10/6, four trading days ago.

The stock topped with the market’s stall Friday but it off its lows today.

So what to do?

Either sell on today’s close or set a stop-loss order under today’s low at 1.42.

(click on the chart panel for a larger view — the while flag on the right axis show the dollar/percentage gain per each $10,000 for the trade)