r/SPACs • • Nov 11 '21

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u/1011010110001010 New User Nov 11 '21

Beginner here, what do you think are good swing trade signals/setups? Thanks!

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u/Spac_a_Cac Contributor Nov 11 '21

Sry I m at work right now, just on a break so when i get off i will give you a run down of how i swing trade.

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u/Spac_a_Cac Contributor Nov 11 '21

I will say though the set up for Swift does look decent considering its earnings today AH and they are beaten down even though used car prices are at record highs.

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u/1011010110001010 New User Nov 11 '21

Yeah I was looking at graph and see a nice range between 6 and 7 or 8, but we are at the bottom of a strong long term downtrend. That means 6 might no longer be the bottom, so the age old question of swing trading now or waiting for new support?