Archive for the ‘short’ Tag

Time to Short Gold.

I was looking at the weekly chart of GLD and touching 15-WMA. I don’t think it will go much higher from here because it’s been going up on low volume and near resistance. My plan is to buy DZZ tomorrow if it provides me a good setup.

ATI & WCC (Quarterly Shorts)

Both ATI & WCC are trading below last quarters price levels. Also, both are trading lower from in inside candlestick with lower volume.  My stops are wide right now, but I will amend as I evaluate them in few days.

SDS (BOUNCE Pattern: BUY & SELL)

That was one quick $100 loss. I was so sure with this trade, but the stock quickly reversed. If you are cocksure, better watch out. =)

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