Welcome to Hawk’s Scan Sentry Report. It’s Mother’s Day, time to respect your mother… the source of your being…. which means that this is Sunday night with stock picks for early this week.
I’m keeping it simple this week after most of last weeks long picks turned against me or went nowhere by the end of the week; the exception was TNAV, a Triple Trender signal which was up 7.7% by the end of the week. My short picks all did pretty well last week as would be expected with a general market decline of almost 3%.
This week I am offering three longs and three shorts. These were identified by the TradeStation scanner looking for Pullbacks 23 and other signals. Please remember, these are projected to be short term positions but not day trading suggestions; and although stock selection is important, never make a trade without sound money-management principles in place. This would include a stop loss consistent with your risk tolerance. Here are this week’s picks…
Longs: Shorts:
WCG CMA
ALB CHBT
ERTS KMX
All of these symbols showed recent signals in the Trend Exhaustion 1 (Radar2) indicator.
May the trend be with you!
Hawk
CMA
ALB
CHBT
ERTS
KMX
