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 [...]

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

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 [...]

Nov 7, 2013 3:23pm|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , |Comments Off on Short Trades Update (video)- Part 2

YUM Bearish Pennant Breakdown

The YUM short has broken down form a bearish pennant continuation pattern today.  As with most breakdowns from bearish pennant patterns, just as with the move leading down to the pattern (aka the "flagpole"), prices have moved lower in a very impulsive manner since breaking below the pennant formation today.  In the case of YUM, the bulk of the impulsive move leading up to the formation of the pennant came via a large gap down on the morning of Oct 9th.  Coincidentally or not, the pattern measures right to the Feb 5th reaction low of 59.68.  That level is smack in [...]

Oct 23, 2013 1:06pm|Categories: Completed Trades - Short|Tags: |Comments Off on YUM Bearish Pennant Breakdown


The chart on YUM (Yum! Brands Inc.) doesn't look so yummy to me.  In fact, it looks quite ugly.  YUM recently pounded out a triple-top high with solid negative divergences in place on both the daily & weekly time frames.  The breakdown of this bearish rising wedge pattern on the daily chart provides an objective, well-defined short entry at current levels (YUM actually just backtested the pattern today as well). My plan is to establish a full position here with the intention of covering at the first target (T1 @ 63.20) which is the upper-end of a support range that [...]

Sep 3, 2013 1:58pm|Categories: Completed Trades - Short|Tags: |Comments Off on YUM! or YUCK?