• ACN - Jun 05 201520150605
  • $Airlines - Jun 08 201520150608
  • ALK - Apr 29 201520150429
  • BRKB - Jun 09 201520150609
  • EA - Jun 03 201520150603
  • ESS - Jun 04 201520150604
  • HA - Jun 04 201520150604
  • HOLX - May 29 201520150529
  • JBLU - Jun 08 201520150608
  • SAVE - Apr 29 201520150429
  • SKYW - Jun 08 201520150608
  • $XAL - Jun 08 201520150608
  • XLP - Jun 05 201520150605


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.

Jun 092015
 

BRKB (Berkshire Hathaway Cl. B) triggered a short entry with Friday's close below both the primary uptrend line & 40 week ema. Targets shown are unadjusted for optimal fills, with the exact suggest BTC levels to follow. This trade is expect to be a multi-week to multi-month swing trade.

BRKB daily June 9th

BRKB daily June 9th

On a related note, when the BRKB setups was posted here on May 18th, I mentioned shorting a starter position in FAS (3x long financials etf). XLF (1x financials etf) is now starting to crack below the minor uptrend line which is my next add-on trigger for my FAS short and with the last week's BRK.B breakdown looking even more secure at this point, I will likely add XLF/FAS as an official trade idea shortly (under separate post). Berkshire is one of the largest components of the financial sector, which looks ripe for a substantial correction. More on XLF/FAS to follow.

 June 9, 2015 10:09 am  Active Trades - Short, Short Setups Tagged with:
Jun 052015
 

ACN (Accenture Ltd) will be added as an Active Short Trade idea here on the break below this large rising wedge pattern. Suggested stop over 100.65 offers a 3:1 R/R if targeting T2 (with a lower stop for those only targeting T1).

 June 5, 2015 9:52 am  Active Trades - Short, Short Setups Tagged with:
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