The following trade ideas will be removed from the Active Short Trade ideas category over to the Completed Trades (Short) category.
EA: This one was suggested to only short a partial (1/2) position with the criteria for the second lot never triggered. The stock went on to exceed the suggested stop of 66.00 and has been moved to the Completed Trades category.
ESS: Fell about half way towards the sole profit target before reversing & triggered the suggested stop of a move over 222.00.
HOLX: Exceeded the suggested stop of a weekly close above 37.55.
SPG: In the last update, it was suggested to lower stops to 176.60 to protect profits as the SPG was approaching the top of the support/target zone where a bounce was likely. From there, the stock did go on to bounce & exceed the suggested stop, closing the trade for a modest 2.9% profit. Following that reaction off the support zone, SPG made one additional thrust lower to tag the primary uptrend line.
DRN was also mentioned as an alternative to the SPG short with a potential target of 61.50. DRN did go on to recently hit that target for a gain of roughly 18% from entry although DRN was not listed as an official trade idea.