| The Swing Trade Setup This isn't about catching a falling knife or fighting the trend. It's about recognizing when a quality name breaks out against market weakness - that's often the start of a sustained move higher. My approach here is systematic: - Entry: Current levels around $945
- Initial target: $950
- Secondary target: $955-960 range
- Stop: Break back below $940
The beauty of this setup is the risk/reward profile. We're not trying to catch a 50% moonshot. We're looking for a solid 5-6% swing move in a quality name while the rest of the market sorts itself out. However, if you trade options like I do, even a modest 5-6% move can lead to amplified profits. Position Sizing and Management For swing trades like this, I prefer taking profits in stages. Hit that first level and then take half off the table. Let the remainder run toward $955-960 with a trailing stop. The key principle: When you find a stock doing its own thing against market weakness, respect that strength. Don't overthink it. The market is telling you something important about where smart money is positioning. The Bigger Picture Yesterday's action in COST wasn't random. It's part of a broader rotation from momentum names into defensive quality. While everyone's focused on the semiconductor carnage and Tesla's earnings drama, names like Costco are quietly setting up for sustained outperformance. These are the setups I'm hunting for - stocks that shrug off market weakness while everyone else is panicking about earnings misses. Your Action Plan While everyone's glued to the semiconductor bloodbath and Tesla earnings drama, stocks like COST are quietly doing exactly what you want to see during market weakness - moving higher with conviction. When you spot that kind of relative strength while the indexes are selling off, that's your cue. Don't overcomplicate it. The market is showing you where the real money is positioning. COST breaking higher while the SPY sold off wasn't noise - it was signal. And that's how you find the swings that actually work. If you want to recieve my daily real-time alerts, check out Daily Profits Live. | 
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