Trading IBD Stocks

WIX is looking strong. Broke out in down market Tuesday and up again today. RS 95, should have had a blue dot. Comp 96, but EPS only 74. Vol very good last 3 days. Stage 4 base is a worry. Fund ownership is slowly growing, but highly successful growth funds hold it.

I bought SPOT on a stage 4 breakout in Sept, and it is building another Stage 4 on this base (because it did not go up 20%). Just added small today because it was breaking above a recent high I had market. It is nearing a buy zone, where I would add bigger. Earnings due 2/4, so I would sell my new shares if it tanked. Fund ownership has been growing nicely.

VERX I was contemplating selling half yesterday but decided support at 50dma was enough to hold one more day. That was lucky as it jumped off the 50dma and above a down trend, so I added 1/6 more to the position. Fund ownership is growing well. COMP99 RS95. Strong like bull. But, this is another Stage 4 base. What am I doing!

$BKR is in the oil services business and give me diversity from tech. Was breaking out on market down day 1/14, bought 1/3 position. strong IBD ranks, RS91. Stage 2 base

Bought 1/2 position in $AXP today, big market day with cool CPI and strong bank earnings reports. Stage 3 base, RS90 with blue dot. COMP94. Diversity from tech holdings as well.

Might add to APP, might rebuy HOOD and RDDT if market improves.

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