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

MIC Short Trade Update & New Trade Setup

MIC daily Jan 27th The MIC (Macquarie Infrastructure LLC) Active Short Trade has been consolidating within this narrow triangle pattern for months following the breakdown & backtest of its primary uptrend line.  In the last update, the previously suggested stop was listed a move above the May highs, which the stock has remained well below since.  The suggested stop will now be lowered to a move 2% above the downtrend line & (upper-most TL on the triangle/wedge pattern).  MIC will also offer an objective add-on or new short entry on a break below the white uptrend line.  Price targets [...]

2017-03-08T21:21:07+00:00 Jan 27, 2014 10:08am|Categories: Completed Trades - Short|Tags: |Comments Off on MIC Short Trade Update & New Trade Setup

Short Trades Update (video)- Part 2

This is the second and final video covering the highlighted Active Short Trade Ideas (with a separate video covering the Long Trade Ideas to follow). The trade ideas/charts are discussed in the following order: HSOL, HTZ, JASO, JPM, KBH, M, MIC, NTRS, OSTK, PWRD, QIHU, SPB, TSLA, YUM, & Z. To skip ahead to coverage on a particular stock, click & drag the circle white circle on the timeline at the bottom of the video. I find that these videos are best viewed using the Fullscreen option on phones, tablets and laptops while the Large Player size (available when playing the [...]

2017-03-08T21:21:14+00:00 Nov 7, 2013 3:23pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , |Comments Off on Short Trades Update (video)- Part 2

MIC Short Update, Objective Entry

MIC was recently shorted on a break below this multi-year uptrend line.  The stock closed less than 1 point above that original entry level today after recently backtesting the trendline from below and still looks to offer an objective entry or add-on around current levels.  A suggested stop would be on any solid close above the recent highs put in back in early May.  For those currently in the trade, please note that the price targets have been updated since the previous post.  Updated daily chart:

2017-03-08T21:21:25+00:00 Aug 7, 2013 4:48pm|Categories: Completed Trades - Short|Tags: |Comments Off on MIC Short Update, Objective Entry

Additional Short Trade Ideas

I spent some time pouring over the charts last night looking for trade ideas.  In doing so, I came up with numerous candidates, both long and short.  Some of these trade ideas are already listed as Active Trades on the site and/or Trade Setups while many are not. I'm going to start with the short trades here & plan to follow up with some of the Long Trade Ideas soon.  Some of these trades are currently offering objective short entries at current levels while others are still setting up in bearish chart patterns, awaiting a formal breakdown or sell trigger.  I [...]

2013-08-21T09:55:26+00:00 Aug 7, 2013 11:10am|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , |Comments Off on Additional Short Trade Ideas

Shorting MIC

MIC will be added as a new short setup and active trade here at 54.92 as it is breaking down below this nearly 2 year uptrend.  Typically when the technicals on the broad market are poised for a potentially sharp move, as the most likely are right now, my price alerts on setups that I am tracking will start going off like popcorn. Therefore, as many of these setups that have not been previously posted do trigger trade entries, I will do my best to get a chart mocked up and posted asap but will have to follow up with the [...]

2017-03-08T21:21:36+00:00 May 23, 2013 9:54am|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting MIC