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2 Stocks Prime for Shorting

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June 15, 2010 – Comments (1) | RELATED TICKERS: NOVL.DL , MBLX

The two stocks below are mainly those stocks that have been on a solid uptrend of late, but are starting to show signs of breaking down along with a loss of interest by the street as a whole. So if you are looking to short this market, use the stocks below as bit of a primer to get the ideas flowing. Both stocks are pretty good on the surface when just looking at price and volume, however, what is concerning is some of the glaring bearish divergences that are popping up. One such indicator is the Time Segmented Volume - TSV that shows all of the stocks below in the negative, which is a good indicator that the longs are starting to get a bit skittish in their current positions, and will begin looking to take profits in the near future. I've got these stocks added to my short watch list and will watch them for just the right opportunity to initiate a position in.

Here are the Stocks Prime for Shorting...

SHORT: Metabolix (MBLX)

SHORT:Novell (NOVL)

1 Comments – Post Your Own

#1) On June 16, 2010 at 12:04 AM, Gaugamela (94.33) wrote:

CROX

 

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