I am still not able to trade on account of my transferring accounts. However, I am leaning on just going back to my current broker Thinkorswim and delaying the switch for a while. Either way, I should be trading again by Thursday of this week.
Although we are quite clearly now in an intermediate term uptrend; the over all markets as well as many individual stocks are now very extended. So in my opinion, new long swing trades are more likely to stop you out than they were a few days ago as I anticipate the markets will either pull back for a day or two or chop around for a few days after the steep four day move. However, we could also see the less likely occur i.e. a further 4 -5 up days. So we need to be prepared either way but with the awareness that continued upside over the next few days is not very likely by reducing position size and/or risk on long biased swing trades!
My favorite set ups are $REDF and $SIFY short but I would look to play them with in-the-money puts as opposed to stock because they tie up less buying power than stock and give you greater staying power. Also please be ware that I have not looked up the earnings date of these stocks or if they have any other important news announcements in the near future. So please do your own research before trading any of these ideas.
Good luck and good trading!