As you can see below, I bought a second UAL position. This is the trickiest holding in the portfolio. I intend to close one of the two UAL positions today and eventually replace it with a new long position in a different stock.
As you can see below, UAL is bouncing from its 50MA and is still under accumulation. This is one of the best patterns possible, but I still fear that funds might try to fish for stops below the 50MA, where my own stop sits. This is the reason why it is not a hard stop. On the other hand, statistically, this stop has a 98% chance of being hit in the next five days, which means that I need to close one of the two positions in strength.
AWAY is interesting here, and so is P.
I only have a 1/2 position in AWAY as the stop is far away.
TWTR looks OK here. However, with the S&P500 bouncing after-hours and pre-market, I believe that TWTR will also be pushed up.
Today's list is below. I did not have time to check these ideas one by one, but the portfolio is fully invested for now.
Finally, please note that I moved the past Portfolio Management Articles to the Archive section.
