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 R/R at this time. Some of these trades may have already hit one or more profit targets while others did not. Most trade ideas on RSOTC are immediately removed from the Active Trades category upon reaching the final profit [...]

2014-07-09T18:52:33+00:00Jul 9, 2014 6:52pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Updated

FCH Short Entry & Trade Idea

FCH (Felcor Lodging Trust Inc) will be added as an Active Short Trade here on the break below this daily rising wedge pattern. Although I typically avoid late day Friday entries, I did take a starter position on the breakdown here. More conservative traders might wait to see some downside follow-thru on FCH next week. Adding to the longer-term bearish case for this trade, FCH has recently made an over-extended run into key multi-year resistance as shown on the weekly chart below. As I wanted to get this trade idea out asap, I haven't had time to clean these charts up [...]

2017-03-08T21:20:59+00:00Apr 11, 2014 2:18pm|Categories: Completed Trades - Short|Tags: |Comments Off on FCH Short Entry & Trade Idea

Updated Trade Ideas

In cleaning up the Active Trades list over the last couple of days, the following short trades have been moved to the Completed Trades category: FCH- Hit the first target for a quick 7.7% gain in late June before moving above the key downtrend line on the previously posted charts. DLTR- Hit the first target for a relatively quick 15.6% gain and continued lower but then moved higher before reaching the 2nd target. DPZ- Stopped out for a loss as per the previously suggested criteria. LUV- Stopped out for a loss as per the previously suggested criteria. Note:  All the Active [...]

2017-03-08T21:21:15+00:00Oct 17, 2013 2:50pm|Categories: Completed Trades - Short|Tags: , , , |Comments Off on Updated Trade Ideas

FCH First Target Hit

The FCH short trade hit the first target (T1 at 5.53) today for a 7.7% gain.  Therefore, consider taking partial or full profits and/or lowering stops, depending on your trading plan.  My preferred target at this is T3 although that might be extended as any additional downside in this REIT would take the stock below this large triangle pattern as shown on this weekly chart.  Updated daily & weekly charts:

2013-06-21T13:52:16+00:00Jun 21, 2013 1:52pm|Categories: Completed Trades - Short|Tags: |Comments Off on FCH First Target Hit

Shorting FCH

FCH will be added directly as an Active Trade (and short setup) as it is currently offering an objective short entry on a break below this rising wedge pattern.  FCH is a REIT that must not have received my "Rush For The Exits" memo as it's one of the few REITs that hasn't taken it on the chin...yet, since Bernanke's speech a couple of weeks ago. An added kicker for this trade is the fact that this most recent bearish rising wedge has run smack into a multi-year downtrend line, thereby giving this short trade an attractive R/R and a well-defined [...]

2013-06-05T12:07:38+00:00Jun 5, 2013 12:07pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting FCH

Recently closed short trades

In reviewing the Active Short Trades category, the following trades will be removed: FCH- Exceeded the 5.50 suggested stop level shortly after it was suggested in the last video update on Jan 23rd.  For anyone still in this trade, I think that the odds are still good for at least T1 to be hit soon but I'm trying to move out some of the less attractive trades ideas on the site to make room for some new trade ideas so FCH will be moved to the Completed Trades Category. GMCR- Stopped out as per the suggested criteria back on Jan 2nd. [...]

2013-02-25T22:51:02+00:00Feb 25, 2013 10:51pm|Categories: Completed Trades - Short|Tags: , , , , |Comments Off on Recently closed short trades

Active Short Trade Ideas Update, part 1

As mentioned earlier today, I am working on updating all of the trade ideas on the site.  As there are currently 38 active short trades, it is much more efficient to review those charts in a video format vs. mocking up static charts and the accompanying notes on all of them.  Many of the active short trades on the site were initiated shortly before or after the previous market peak on Sept 14th.  When the market bottomed and hit several my key downside price targets on Nov 16th, I stated that the R/R to remaining short was now outweighed by the [...]

2017-03-08T21:21:52+00:00Jan 23, 2013 10:11pm|Categories: Completed Trades - Short|Tags: , , , , , , , |Comments Off on Active Short Trade Ideas Update, part 1