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3 Short Trade Setups Showing Signs of Cracking

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December 08, 2011 – Comments (0) | RELATED TICKERS: AVB , SYK , CRM

The market is showing signs of hitting a new rough patch, particularly with issues in Europe running amuk and unable to resolve any of their issues.

Below I have three charts showing signs of cracking, and once they clear critical support levels, should see the bottom fall out from underneath them. All three are swing trades, and patience and waiting for the ideal entry level as noted below is key.

Chart for Salesforce.com (CRM).

Chart for Avalonbay Communities, Inc. (AVB).

Chart for Stryker Corp (SYK).

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