Watchlist For 4th Jan – 6 Short Plays To Profit From

Posted by Stock Online Trader on January 4, 2010 in Watchlist |

AENY is a OTC stock which looks over-extended. However it put up impressive volume and likely ready for a gap up or morning spike. No play for now, but waiting to short into the afternoon fade if shares are available. Hard borrow.

ATHX slowly fading away. Short on break below 4.00. Volume has faded out.

CIIC is looking weak and possibly fade back lower. Potential short on red.

EONC put up its first red day. Potential short on break below 6.00.

ICXT is up on airport security news. Waiting for the news to fade out to short into. Potential short below 9.40 support.

IDN falls in the same category as ICXT. Potential short on red.

Disclosure: Short EONC shares at 6.00

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