Category: 2b setup
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Saturday Review: Shorting Momentum Stocks
This post from August 2007 offers some timely advice on shorting momentum stocks: Those of you familiar with my trading style know I rarely short high flying stocks. While it seems logical to go against a stock that is overextended, this type of trade generally takes on too much risk.…
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Shorting Momentum Stocks: the GRMN Trade
Those of you familiar with my trading style know I rarely short high flying stocks. While it seems logical to go against a stock that is overextended, this type of trade generally takes on too much risk. Stocks tend to trend longer than they “should” due to market psychology and…
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Google Forming a Negative Divergence
While GOOGLE (GOOG) made my long position trading watchlist (entry at 50 day moving average), I could not help but notice the startling RSI, OBV and stochastic divergences that have formed at the current new highs. For those who don’t know, a negative divergence forms when price increases while the…
Paul J Singh 