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Short Trades Category Updated

The following Short Trade Ideas have either hit one or all of their price targets, exceeded their suggested stops and/or no longer look compelling from an R/R perspective. As such, these trades have been moved to the Completed Trades category, along with all associated posts for future reference: ACN - After hitting the first price target for a quick 10.4% gain, ACN reversed shy of T2 & went on to exceed the last downward revised suggested stop of any move above 100.50. AVGO- Hit T3 for a 20.5% gain, with that price target on the daily chart also coming in where [...]

2017-03-08T21:20:07+00:00 Dec 15, 2015 3:42pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , |Comments Off on Short Trades Category Updated

BLK Short Trade Setup & Entry

BLK (Blackrock Inc.) will be added as an Active Short Trade at today's open with an alternative, more conventional short entry or add-on to come on a break below this 30-minute bearish rising wedge pattern. The rational for shorting ahead of the breakdown is two-fold: BLK is closed just off a rising wedge pattern that appears to be in its final stages (i.e.- prices are now approaching the tail-end of where a wedge pattern typically breaks down, if it is going to do so). Add to the the fact that the upside in the stock is most likely limited [...]

2015-11-10T15:53:09+00:00 Oct 19, 2015 8:54am|Categories: Completed Trades - Short|Tags: |Comments Off on BLK Short Trade Setup & Entry