None of these shorts are perfect by far. They are all just good enough to warrant me taking 10 to 100 shares a piece. My favorite short is ATI, with all that nasty red BOP and constant failures around the 200 day moving average. This one however likes to not move lower very easily. I am constantly getting stopped out on this one. However, one day this one will crash and burn and I hope this is the time for it. If I was a trader looking for the perfect short, I would not take any of these.
new short positions: BCR CNMD BEN
BCR is breaking down below the 200 day moving average after failing to retake the 50 day moving average, on above average volume. Cut your first loss with a close above the 200 day moving average and your final loss with a close above the 50 day moving average, if the stock does not move lower immediately.
CNMD is breaking down at the inflection point of the 50 and 200 day moving average and rolling over, on very strong volume. Cut your loss with a close above the moving averages, if the stock does not move lower immediately.
BEN is breaking down below the 50 and 200 day moving average after failing to hold above the moving averages, on above average volume. Cut your first loss with a close above the 200 day moving average and your final loss with a close above the 50 day moving average, if the stock does not move lower immediately.
adding to existing short position: ATI
ATI is breaking down at the 50 day moving average right after failing to get back above the 200 day moving average, on average volume. Cut your first loss with a close above the 50 day moving average and your final loss with a close above the 200 day moving average, if the stock does not move lower immediately.
