Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.

SOXX Semiconductor ETF Bear Flagging

SOXX (iShares PHLX SOX Seminconductor Index ETF) has formed a textbook Bear Flag continuation pattern following the recent breakdown & impulsive thrust down below the 60-minute bearish rising wedge pattern first highlighted here in Monday's Semiconductor Sector Analysis video. On watch for an break below the bear flag followed by impulsive selling. Should that occur, [...]

GBTC: If only….

If only my broker had shares of GTBC to short, I would. GBTC (Bitcoin Investment Trust) is trading at the top of this large price channel with powerful negative divergences in place. More importantly, this ETF has once again gotten way ahead of the underlying (Bitcoin) just as it did at these two previous reaction [...]

Nov 29, 2017 2:58pm|Categories: Unofficial Short Ideas|Tags: |2 Comments
Load More Posts