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7 of the Best Swing Trade Stocks Available Right Now

InvestorPlace Logo By Mark Putrino of InvestorPlace | Slide 1 of 8: Swing trading is a short-term strategy. And with that, traders are usually in and out of a position in a few days or weeks. Overall, most of this trading style is based on technical market indicators. And that makes a few tickers stand out as some of the best swing trade stocks on Wall Street. Moreover, swing traders usually aren’t concerned with fundamental analysis. Their goal is to profit off of short-term imbalances of supply and demand in a market. However, most beginner swing traders lose money. It happens because they don’t understand the most important rule of trading: to have an exit plan. Before a trader takes a position, they should two targets. One is where they will take profits, and the second is where they will take a loss. In addition to having a well-defined exit strategy, successful swing traders usually consider two other things. The first is a catalyst or reason for establishing the trade. This could be things like the breaking of an important level or extreme overbought or oversold conditions. This is called the setup. The second thing is a trigger. This is the reason for entering the position, and it’s what makes a trader put their money on the line.            7 Blue-Chip Stocks That Aren’t a Gamble          With all of that in mind, the following are seven examples of how an experienced swing trader would look for profit opportunities. They are:  Alphabet (NASDAQ:GOOGL)  SPDR Real Estate Fund (NYSEARCA:XLRE)  Limbach Holdings (NASDAQ:LMB)  Oncorus (NASDAQ:ONCR)  Unilever (NYSE:UL)  Goldman Sachs (NYSE:GS)  Pagerduty (NYSE:PD) Now, let's dive in and take a closer look at each one.

Swing trading is a short-term strategy. And with that, traders are usually in and out of a position in a few days or weeks. Overall, most of this trading style is based on technical market indicators. And that makes a few tickers stand out as some of the best swing trade stocks on Wall Street. Moreover, swing traders usually aren’t concerned with fundamental analysis. Their goal is to profit off of short-term imbalances of supply and demand in a market. However, most beginner swing traders lose money. It happens because they don’t understand the most important rule of trading: to have an exit plan. Before a trader takes a position, they should two targets. One is where they will take profits, and the second is where they will take a loss. In addition to having a well-defined exit strategy, successful swing traders usually consider two other things. The first is a catalyst or reason for establishing the trade. This could be things like the breaking of an important level or extreme overbought or oversold conditions. This is called the setup. The second thing is a trigger. This is the reason for entering the position, and it’s what makes a trader put their money on the line. With all of that in mind, the following are seven examples of how an experienced swing trader would look for profit opportunities. They are: Alphabet (NASDAQ:GOOGL) SPDR Real Estate Fund (NYSEARCA:XLRE) Limbach Holdings (NASDAQ:LMB) Oncorus (NASDAQ:ONCR) Unilever (NYSE:UL) Goldman Sachs (NYSE:GS) Pagerduty (NYSE:PD) Now, let's dive in and take a closer look at each one.
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