mish, here are a few to look at
What I meant is that if I was looking for a chart to short, there are better ones than that one out there.
I don't have a "top 5" - in fact I don't currently have any watchlist for shorts, but I see charts occasionally and say to myself "gee, that would make a good short" but then I forget about them as I'm primarily interested in dips to buy rather than tops to short. I tried to find some ones I've seen recently that might be of interest, so here goes . . .
GE - stochs have just crossed down, seems to have good resistance around 32ish since 8/02*
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
NVDA - was holding the 7sma nicely but closed below today
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
BBY - stochs crossed down, might have just started a "c" down stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
ASA - stochs & MACD crossed down, lost the 7 sma, maybe beginning a "c" down
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
GM - stochs & MACD crossed down, fell below second ST moving average
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
Here are two more, both currently oversold but nevertheless sickly
EASI - thought it was going to break upward out of a coil, but went down instead shortly thereafter; might be starting a third wave down to support around 45
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
LIOX - currently at the bottom of a descending channel; watch the upper trendline for a signal
stockcharts.com[h,a]daclyyay[dc][pb7!b17][vc60][iLh14,3!La12,26,9]&pref=G
*GE reports earnings Friday morning. |
