Another Stock Pick to go Short using Technical Analysis
Dec 11, 2008 Small Cap Stock Picks, Technical Analysis
The last two trades i just closed to in DSX and EXM had certain setups that I love trading. I found this other set up today in ???? that has a very similar pattern and looks worthy of trading. And with the DOW breaking down its short term pennant formation today it would appear that that chances of us falling tomorrow are greater than rallying.
I took up a short position in this stock at 6.72. If you want to know what stock pick this is along with getting my real time trade alerts via live video, chat, and email sign up for Black Service! Holiday Special!
This stock has continued to try and rally for the 3rd time today but higher prices have not been warranted by the market. Now with today as the first down day in the rally and a bearish candle. Its likely that this will fall Friday.
Tags: DOW, Technical Analysis















