Shorts a galore
From last nights newsletter
12/16/18
Fresh breakdown in indexes and major stocks puts the recent bounce attempts 10/30, 11/26, and 12/11 under pressure.
I see more short setups and opportunities than long in this weeks scans.
Breadth still not as extreme as last time.
Some of the anticipation setups I am watching in case of market bounce . Unless the indexes have big bounce these setups are unlikely to work
One of the bottoming setup I an watching is NVDA
It was raining shorts on Friday. I have highlighted only few good ideas from over a list of 50 shorts I had shortlisted.
There are good number of short anticipation setups also in my watchlist for next week.
Posts
1 comment:
What I found amazing was the extreme down move in HCA, JNJ, "EP BEARSIH EXTREME," scan type movement, and the follow through with market direction helping tremendously. The scan is a go to for this type of movement. TXN, SMH maybe, long way to fall.... :-)
@7
Post a Comment