Stock Trading Watch List Additions ACI, AMD, ANR, HOV, MWA

February continues to be a brutal month so far for those using a trend following strategy. We have transitioned into a trading market with the ADX line on the S&P 500 going flat and the Bollinger Bands narrowing. This is a range contraction market we have entered which favors a swing trading approach. AMD had a daily buy triangle today which moved it from the watch list to a buy. Another buy addition was MWA which already had a daily buy triangle signal on Thursday, [...]

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