Selected shorts... Feb 21

In spite of the fact that the market is in a solid uptrend there are a few stocks that look to me like they can be played from the short side. Playing the market from the short side can involve even more risk than from the long. Set and honor your stops according to your trading plan. Just good risk management...

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$JEF Bear flag break. MACD/RSI confirming. First support at 24; then 22.

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$HOLI Break on volume. MACD/RSI says lower. Some support at 10; then 9.

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$WIN Break below 12.70 on huge volume. MACD/RSI says lower. Weekly chart confirms down.

 

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$SHOR Break of support points to 6.00 then down to 5. Short below 7 on volume. MACD/RSI Falling. Weekly chart confirms down.

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Remember... keep stops in place. Good trading this week all.