Sell Piedmont Lithium (PLL) and Triumph Group (TGI). Sell One Quarter CrowdStrike (CRWD)
They say markets don’t bottom on a Friday. Today’s weakness is showing that old adage to be true yet again.
While it seems many stocks are moving more than they should to the downside we’ll still heed the weakness and shed a couple positions before they get us into too much trouble.
First up is Piedmont Lithium (PLL), which has cracked its 200-day line today and kept going. SELL
Second up is Triumph Group (TGI), which also cracked its 200-day line today. SELL
Finally, let’s take a quarter more off the table with CrowdStrike (CRWD), which has just fallen below support near 150. This will leave us with a quarter of our original stake.
Hopefully these are all terribly timed sells.