• ADBE - Apr 16 201520150416
  • BXS - Mar 27 201520150327
  • CTSH - Apr 17 201520150417
  • FOE - Jan 14 201520150114
  • ILMN - Dec 02 201420141202
  • LOCK - Feb 11 201520150211
  • $NDX - Apr 14 201520150414
  • QQQ - Apr 14 201520150414
  • ROST - Apr 01 201520150401


Short Setups

Stocks in a bearish pattern formation that are poised to break-down and provide an objective short entry. Also included in this category are stocks that may have already triggered a short entry but still offer an objective entry or add-on to the position at or near current levels such as a bounce back to a key resistance level.

Apr 172015
 
CTSH daily April 17th

CTSH daily April 17th

CTSH (Cognizant Technologies) will be added as an Active Short Trade here around 61.30 on today's breakdown. The sole target at this time is 56.97 with a suggested stop of 62.48. Additional target may be added.

Despite my recent comments earlier today about being selective on opening new position on opex days, I have been working on transitioning away from the broad market shorts into the most attractive individual stocks offering attractive R/R short entries. I am also working to update the trade idea categories by remove the stopped out or less-promising trade ideas to make room for more promising trades, both long & short.

 April 17, 2015 9:49 am  Active Trades - Short, Short Setups Tagged with:
Apr 162015
 

-+*ADBE (Adobe Systems Inc) will be added as an Active Short Trade here following the recent breakdown & backtest of the bearish rising wedge pattern shown on this daily chart. Being that that primary trend remains bullish at this time, my preferred price target is [continue reading…]

 April 16, 2015 12:15 pm  Active Trades - Short, Short Setups Tagged with:
Apr 012015
 

-+*ROST (Ross Stores Inc) will trigger a short entry on any move below today’s earlier low of 103.30. Suggested stops using a 3:1 or better R/R to your preferred target (T1 – T3). click here to view the live, annotated daily chart of ROST

 April 1, 2015 11:00 am  Active Trades - Short, Short Setups Tagged with:
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