I don’t know if my expected move with the stock will play out, but if it does, it’s happening today.
Here are our “Swing Trades of the Day”: Fossil (FOSL), Advance Auto Parts (AAP) and Alibaba (BABA).
The stock is coiling up and pressure is building.
Very simple: If it breaks out, this will be a quick in-and-out trade.
If you don’t consider yourself an aggressive trader, you’re more than likely going to want to pass on this one.
This idea comes from Jerremy Newsome, the CEO of Real Life Trading.