Use access key #2 to skip to page content.

SharePlanner (< 20)

6 Stocks Getting Ready For the Short



July 19, 2012 – Comments (0) | RELATED TICKERS: AMP , DTV.DL , CA

By just looking at price and volume  on the charts below, you won't see an obvious short setups, in fact all of them are trading above their 50-day moving average, and most are in a nice uptrend. But  using indicators like the RSI, Average True Range (ATR) and Time Segmented Volume, there's no doubt a number of bearish divergences are coming about, and once we get that breakdown, these stocks should cause the longs to surprisingly and suddenly run for the exits in these names. 

Add these setups to your watch-lists, and wait for the obvious breakouts in each of the names. For one, DirecTV is looking mighty tempting for the short with the well-defined bear-flag that has formed. 

Here are the 6 Stocks Getting Ready for the Short

0 Comments – Post Your Own

Featured Broker Partners