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.