Shortideas
DSS BREAKOUT TO THE BELOW?For the last couple of months, it looks like price action occurs in a channel for DSS.
To be honest i do not expect for price to bounce back from lower line of the channel.
It looked like price action form an M pattern on bb which is a bearish sign.
Also the real problem is here that there is a sell off in small caps along with broader market.
DSS is not a profitable company and some part of its business model relies on crpyto.
Im bearish on DSS.
Russel small cap 2000 short ideaRussel small cap 2000 moving upside in a paralell channel and now the price arrived to the Channel upper line at 2300 usd. I think it will go down to previously support/resistance at ~2200.
Trade at your own risk.
If you like my idea, dont forget to leave a comment, follow, and like.
Engulfing candle at resistance. Use Ford as hedgeThe market is undoubtedly in a raging up trend, therefore, I usually have many long positions open. Sometimes I will short weak stocks to protect my long exposure. NYSE:F seems like an ideal candidate here after that engulfing candle at resistance. Try to get a good risk to reward entry. Stop loss above $7.45, target near $7.10.
WFC Short IdeaWells Fargo has earned itself quite the rap sheet over the last 4yrs, and this is only the stuff that they've been caught with. - finance.yahoo.com
Q3 & Q4 2019 Earnings both missed expectations, and a lower guidance for 2020 has been provided.
If they can maintain expectations at or above their lowered 2020 forward looking guidance, maybe this uncompleted H&S will result in their favor.
However, I am not confident that they are not losing customers every day currently and that it won't be reflected in share price within the upcoming quarters.
It already is looking like the suspected H&S pattern will complete with a swift down move to follow, only time will tell though.
Keeping an eye on this one for prospects of opening a short after further confirmation.