In line with the recent trend of an increasing number of short trades hitting one more price targets (helping to support the case that the stock market may have peaked last week), the FITB (Fifth Third Bancorp) short swing trade has just hit the second price target (T2) for a 10% profit.

Depending on your trading plan, consider booking partial or full profits and/or lowering stops to protect profits, if holding out for T3 (my preference).  Previous & updated daily charts below.

FITB daily Sept 16th

FITB daily Sept 16th

FITB daily Oct 6th

FITB daily Oct 6th

FITB daily Oct 16th

FITB daily Oct 16th