Five Short & Three Long Trade Picks Traders Should Know About
SWHC popped over its 200 dma and kept going up taking the $4.00 support. However the rally fizzled very fast and SWHC pulled back, dropping over 5%, end the day below its 200 dma. Lets see if it can make a second attempt towards breaking the $4.00 and stay above. Otherwise a potential short. SonicWALL [...]
The Day When Every Perfect Trade Was Not Played
Every now and then you have a day when you chicken out on pre-determined plays, just to see it work out perfectly as expected. CECO was one such play that took a huge dump in the morning. I had listed it yesterday as a potential short play. I was dead right on it. However after [...]
Potential Picks For Traders With Dow Flip Flopping All Day
ZN crashed 32%. Movements like these is every trader’s dream/nightmare depending on which side of the trade you ended up. ZN reversed too fast to do anything. Add to that there were no shorts available. Sucks… SWHC is my #1 short. It did break the 200 dma on the upside, but will it hold is [...]