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

COLM Short Entry + Market Comments

COLM (Columbia Sportswear Co.) offers an objective short entry on this breakdown below the Ascending Broadening Wedge pattern. COLM will be added as an Active Trade around current levels with a suggested stop on any move above 63.80.  Price targets are shown on this daily chart with T3 both the final & my preferred swing target at this time. COLM daily Sept 28th   There isn't much to add since my last market update posted on Thursday (first chart). My alternative scenario (a move up to the 104.70 area before a resumption of the downtrend) has played out and [...]

2017-03-08T21:20:15+00:00 Sep 28, 2015 12:19pm|Categories: Completed Trades - Short|Tags: |Comments Off on COLM Short Entry + Market Comments