Short Trade Ideas Updated

The following trade ideas have been removed from the Active Short Trades categories as they have either exceeded their previous suggested stops (or any reasonable stop, if none suggested) or the stock simply no longer looks to offer an attractive [...]

Feb 4, 2014 2:29pm|Categories: Equity Market Analysis|Tags: , , , |Comments Off on Trade Updates & Market Thoughts

ABG First Target Hit + Trading Tip

The ABG (Asbury Automotive) Active Short Trade has hit the first target (T1 at 46.75) for a 9.7% gain since entry just a couple of weeks ago.  Consider booking partial or full profits and/or lowering stops, depending on your trading plan.  The reason that multiple targets are used on RSOTC is to accommodate various trading [...]

Jan 28, 2014 10:19am|Categories: Completed Trades - Short, Trading Tips, Using RSOTC|Tags: |Comments Off on ABG First Target Hit + Trading Tip

ABG Short Update

The ABG (Asbury Automotive) short setup triggered a short entry (on a move below 51.77) on Friday and continues to fall today.  With another 23% downside before the final & preferred swing target (T3 at 40.80), ABT still has a lot of meat left on the bone.  As always, reactions (bounces or consolidations) are expected [...]

Jan 13, 2014 4:39pm|Categories: Completed Trades - Short|Tags: |Comments Off on ABG Short Update

ABG Short Trade Setup

ABG daily Jan 9th ABG (Asbury Automotive) is another component of the XRT Retail ETF.  Although the stock is currently trading slightly below this primary uptrend line, my preference will be to wait for a move below today's current low of 51.77 before establishing a short position.  This should help to reduce the [...]

Jan 9, 2014 11:01am|Categories: Completed Trades - Short|Tags: |Comments Off on ABG Short Trade Setup