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.