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Short Trade Ideas Updated

The following trade ideas will be removed from the Active Short Trade ideas category over to the Completed Trades (Short) category. EA: This one was suggested to only short a partial (1/2) position with the criteria for the second lot never triggered. The stock went on to exceed the suggested stop of 66.00 and has been moved to the Completed Trades category. ESS: Fell about half way towards the sole profit target before reversing & triggered the suggested stop of a move over 222.00. HOLX: Exceeded the suggested stop of a weekly close above 37.55. SPG: In the last update, it [...]

2017-03-08T21:20:24+00:00 Jul 8, 2015 10:31am|Categories: Completed Trades - Short|Tags: , , , |Comments Off on Short Trade Ideas Updated

EA Backtesting Rising Wedge Pattern

I've have several inquires about the EA (Electronic Arts) Active Short Trade & Short Setup recently & figured that I'd share my thoughts. I still think this trade looks promising and is very likely to play out if & when the broad markets start moving lower and quite possibly, regardless of what the broad market does. These case for shorting an initial position in EA was made in this original post on May 11th, with the next objective entry or add-on to come on a break below the daily bearish rising wedge pattern, which occurred on Friday afternoon. Since then, EA [...]

2015-06-03T11:40:14+00:00 Jun 3, 2015 11:40am|Categories: Completed Trades - Short|Tags: |Comments Off on EA Backtesting Rising Wedge Pattern

EA 60 Minute Falling Wedge Breakdown

Barring a reversal into the close, this 60-minute rising wedge breakdown on EA (Electronic Arts) is likely to translate into a breakdown of the large rising wedge pattern on the daily chart. Thus, EA offers an objective add-on or new short entry here. EA was originally posted as both a Short Trade Setup as well as an aggressive entry on an Active Short trade on May 11th. As always, all previous notes & charts on a trade can be quickly referenced via the symbol tagging system. Simply click on "EA" at the very bottom of this post or use the Select [...]

2017-03-08T21:20:25+00:00 May 29, 2015 2:51pm|Categories: Completed Trades - Short|Tags: |Comments Off on EA 60 Minute Falling Wedge Breakdown

EA Short Setup & Aggressive Entry

EA (Electronic Arts) will be added as an aggressive short entry here at the top of the wedge with a more conventional short entry or add-on to come on a break below both the rising wedge pattern AND the minor support level. T1 & T2 are the current targets with a suggested stop over 66.00. What makes an entry at current levels aggressive is the fact that I am shorting EA while still well inside a potential bearish rising wedge pattern. This is aggressive because prices may continue to rise within the pattern or the symmetry of the pattern could dissipate [...]

2017-03-08T21:20:27+00:00 May 11, 2015 10:36am|Categories: Completed Trades - Short|Tags: |Comments Off on EA Short Setup & Aggressive Entry