Swing Trading Stock Watchlist For March 28 And Beyond

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The stock market's health has improved. That means I have the green light to buy stocks that are forming quality trade setups. I’m primarily focused on contraction patterns right now. This is what I am scanning for and what the watchlist below is based on.

You can read the full market health report here, which discusses why I am willing to buy.

US Swing Trading Stock Watchlist

These are stocks I’m watching because they have the potential to trigger trades based on the contraction/triangle pattern strategy. This strategy and others are covered more in-depth in the Complete Method Stock Swing Trading Course, including how to scan and find trades.

US stock scanning criteria

222 stocks met the scan criteria. I manually narrowed the amount to the few included below.

Added This Week

  • KBR, Inc. (KBR) – Its contraction was shorter than a month, but it still needs to consolidate anyway. It is in more of a sideways range than a contraction.
  • O'Reilly Automotive (ORLY) – It has angled up in pattern since mid-February.
  • PennantPark Investment (PNNT) - It is not a big runner following its breakouts (2021 onward).
  • Tenet Healthcare Corp. (THC) – It has been squeezed tight. It is not typically a big runner.
  • Cabot Corporation (CBT) – It has squeezed and angled down.
  • Star Bulk Carriers (SBLK) - No comment.

From Last Week

  • Golden Entertainment (GDEN) - No comment.
  • Evoqua Water Technologies (AQUA) – It has only half of a cup-and-handle pattern.
  • Concentrix Corporation (CNXC) – It has to move back up.

Canadian Swing Trading Stock Watchlist

101 stocks made this list. I narrowed it down to those few included below.

Canadian stock scanning criteria

Added This Week

  • InPlay Oil Corp. (IPOOF) – This one is in more of range, and there is some strong movement.
  • Ensign Energy Services (ESVIF) – Same as above (I’m looking at the small pattern in March, not the big pattern going back to last summer). This is not a great pattern, but the strong momentum is intriguing.
  • Eloro Resources (ELRRF) – It's been just under a month so far, but it has a nice and tight pattern.
  • Arizona Metals Corp. (AZMCF) – It looks to have angled up.
  • Capstone Mining Corp. (CSFFF) – It is getting close to one month of contracting. The contraction is just above a nine-month range it recently broke out of.

From Last Week

  • Frontier Lithium (LITOF) and Hemisphere Energy (HMENF) from the prior list broke out this past week.

Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using ...

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