Potential Short Picks With GM On Verge Of Bankruptcy

TNDM is an uptrend stock. However it has given up healthy pullback everytime. RSI indicates overbought levels and we can possibly see more pullback. Only good for scalping on the short side.

PVH finds alot of resistance in the $25.00 region. Volume has finally faded off with declining buying interest. This can give up more tomorrow.

JCP has found strong resistance in $23.00 – $25.00 region. Once again the same level provided strong resistance. The stock sold off from the resistance levels and based on past trends could drop more. Potential short.

GHDX had recently broken out of its $22.50 resistance. Once the resistance was taken out, the stock kept flying high. However now the stock saw continous two days of sell off. Is this the end of the rally ? Keep watching.

KNOT now enters strong resistance area at $9.20. Potential short below this price with stop loss on the break of these resistance levels. The stock shows overbought level and could possibly start reversing.

PANL is approaching it 200 dma. Also $10.50 should provide a resistance, since it was previous high from which the stock reversed to the downside.  Potential short below the 200dma with stop loss above $10.50

RGR is in overbought territory for quite a while. However fundamentals of the stock is keeping it alive and strong. Looks like the stock is consolidating again before it makes another major move. Not a potential short yet, until a breakdown is confirmed.

GCO has slowly spiked from $11.00 to $19.00 level, breaking past many possible resistance. This stock did put in a sell off today and could be the trend reversal shorts are waiting for.

DTSI is flying high. It broke past its 200 dma with strong volume. Not a potential short yet. Let the volume fade out before taking a short position.