Category: short setup
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Essential Steps for Shorting SPY and The Stock Market
Shorting the stock market is never easy. However, the market often gives us clues that increase the probability of a successful trade. Two weeks ago we talked about those clues. How to identify a market short signal Since then the market made an attempt at remounting the 50 day moving…
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How to Identify and Trade A Market Short Signal
Swing traders need a basket of “goto” setups that can be applied to different markets. Two of my favorite are the breakout-remount and the breakout failure. Mr. Market, aka SPY, offered us a little of both a few days ago with a remount that failed. Notice in the chart above…
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Trades: GMCR and AAPL
I exited the AAPL short today at $183 for a nice gain. Stock is nearing support. If support breaks, I may re-enter. This morning I entered GMCR SHORT based on the breakdown-pullback setup. Stop is above the moving average.
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AAPL short
I went short AAPL prior to the trendline break at $292 (see Trade Report). Looking to take profits in the $180-185 range:
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AAPL: Speculative Short Trade
I went short AAPL today. Overbought and lots of space between price and moving average.
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SPY Short Setup
I like SPY as overbought short setup. Overbought and into resistance w/ little consolidtaion or pullback. http://chart.ly/qdyyrw
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Trade: SDS
I entered SDS today. It is extremely oversold and RSI shows a positive divergence. The last 3 similar states have lead to decent, tradeable bounces.
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Short Entry: MON
I went short MON as it pulled back to resistance levels via a bearish flag pattern.
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Game Plan for Tuesday
Here is the trade report for Tuesday, along with analysis of today’s SPY short and more setups:http://docs.google.com/View?id=d5z8q8w_1422cfb7fcgv
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FCX and PCU: Great Long and Short Setups
PCU and FCX are on fire. Technically, they look great on a pullback to support for long entry. However, they are very extended. Take a look at the distance from the 50 day moving average. I think we are due for a snap back. I will likely short on more…
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SKX Ready For Pullback
I took a short position today in SKX. The stock is extended and today’s indecisive price movement on high volume leads me to believe a pullback is in order.
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Short Setup: FUQI
I pointed to FUQI as a short when it was around $30. I took the trade, which would have been successful had I used a wider stop. It’s now broke down below the 50 day moving average and is showing distribution in the volume pattern. I will short on a…
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STEC Short Entry: Time to Take Profits?
Is it time to take profits in the STEC short? Entry was made back on September 24th at $30.75., so we are looking at a 15-20 percent gain. My general approach to exits is to set a target based on support/resistance levels and take a partial profit at that level.…
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Is FUQI Ready for a Fall?
Momentum stocks usually give ample warning before taking the inevitable fall. Is FUQI showing signs?
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The X Short Trade
On Friday I pointed to the X short setup, if X was to pullback to the 50 day moving average. We got that yesterday. As noted to Trade Report members yesterday, I took the short entry, with a stop just above the moving average. This is a variation of the…
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Moving Average Breakdown in U.S. Steel (X)
X has broke down below the 50 day moving average and looks good for short entry on a pullback or weak bounce.
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CPLA Short Setup
CPLA is showing a classic breakdown-pullback setup. The stock broke down below teh 50 day moving average with strong price bears, and now is in the midst of an orderly pullback to resistance.
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My Current Postion: AAPL Short
Last week I posted about APPL showing signs of pulling back, but still being a tough read. As Report members know, I decided to short on the once it made a thrust to $170. Overbought conditions, distance from the 50 day moving average and a negative divergence in RSI made…
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Is DE (John Deere) a Short Setup?
A Trade Report member sent me an email about DE. Here is the e-mail and my response I think it is great time to short “DE”? RSI, OBV and MACD are all bearish…plus, the Durable good is bad.. While the price pattern is not bearish, I agree in that RSI…
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Broken Trendline: PALM
I like PALM as a short setup on a bounce. Would have liked to see more volume on the break, but still would offer good risk/reward.
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5 Great Short Setups
The following short setups all feature one of my favorite short setups: consolidation post downtrend featuring a negative volume pattern (distribution). A continuation of downtrend is expected. VCLK, RS, SNDA, AMAG, ATK
Paul J Singh 