Usually, I really don't like shorting stocks. But this time I couldn't resist in placing a sell stop underneath the current floor. At least till the earnings I could be short in DLTR.
What is the short interest in consumer electronics retailer Best Buy (NYSE: BBY) ahead of its second-quarter financial results on August 30? On the last trading day, Best Buy had roughly 12 million shares in short interest, reflecting 5.97% of its outstanding shares. By midday Aug. 19, 5.5 million Best Buy shares are available to be shorted, according to...
is this one of the biggest smart mov$ ? we can see a clear break oyt of every zone but theres no other level ? ... we will see u know i might be wrong thats why its a consept but i would love to hear ur ideas think it yourselves as traders consolidation faze comes with shorting ... NOT FINANCIAL ADVICE !
Possible NASDAQ chart on the monthly chart longterm
Our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal short on $TECK. We have completed a double top on the Daily timeframe and our automated short signal is below the recent low pivot. So we are combining a traditional duoble top short setup with our strong automated breakout signal from our indicator suite to go short TECK....
After the strong up move that lasted for quite a while without any significant pullbacks, the shooting star pattern appeared in the "grey area" of assumed resistance. 1)Going short with my Stop loss over the high of the shooting star. 2)The profit target is based on the assumed 50% correction and technical structure.
Simple Moving Average analysis shows that it is time to short SP500 again. The end of last year gave us a comfortable bounce on the 1W MA200 and this week a rejection on the 1D MA200. By simple MA terms, that is a strong short signal. Targets: 2640 and 2555.