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

Shorting SNDK (Sandisk Corp)

SNDK (Sandisk Corp) looks to offer an attractive R/R with a short enter here on what looks to be shaping up as a shooting star (a potentially bearish topping candlestick formation). A stop over today's high of 85.37 would provide about a 3 point downside risk while my preferred target range on this trade (exact targets TBD) would be at least 10 points lower & quite possibly nearly 20 points lower, if this trade & the markets continue to play out as expected. If conditions are favorable, I will occasionally enter a short trade at the top of a rising wedge [...]

2017-03-08T21:21:01+00:00Apr 4, 2014 12:10pm|Categories: Completed Trades - Short|Tags: |Comments Off on Shorting SNDK (Sandisk Corp)