Short Trades Updated-Part I

The following Short Trades have been moved to the Completed Trades category as they have either exceeded their suggested stop (or any reasonable stop criteria, if none listed) or they no longer look compelling from a risk/reward perspective: AMTD: Regained the uptrend line shortly after the breakdown & went on to exceed any reasonable stop. [...]

Mar 25, 2014 2:36pm|Categories: Completed Trades - Short|Tags: , , , , , |Comments Off on Short Trades Updated-Part I

Trade Updates & Market Thoughts

From time to time, I will share a reply to a question that I've received which might have some usefulness to others following the trade ideas or market commentary on RSOTC.  The following trades; GRA, HSNI, GIS, & ABG, as well as my thoughts on the market are discussed below: Question: I must ask if [...]

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

GIS Head & Shoulders Pattern – Short Setup

GIS daily Jan 29th GIS (General Mills Inc) will offer an objective short entry on any move below today's LOD of 48.06 with prices breaking down from this Head & Shouders topping pattern. T2 at 43.22  is my preferred & final swing target at this time.  Although the stock is currently trading slightly [...]

Jan 29, 2014 10:58am|Categories: Completed Trades - Short|Tags: |Comments Off on GIS Head & Shoulders Pattern – Short Setup