SHORT ME TINA
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Smith & Wesson Holding Corporation (SWHC)
I guess Americans love their guns; Smith and Wesson reported a stellar quarter this past Friday, and is up a good 6% because of it. Last week; I indicated 26-28 were important zones of interest. They still are. Initiating a short position anywhere between 28-30 represents minimal risk; anything above and I stop out for a loss. |
Twitter, Inc. (TWTR)
From a purely technical stand point; this stock has broken out of it's decline. I am looking to enter a long position; preferably at a lower price (to take on as little risk as possible). Looking to enter long around 17-18 zone. |
Darling Ingredients Inc. (DAR)
Another earnings winner that ran up a few points in a short amount of time. I am paying close attention to the 12-13 area. If the trading range can stay below that descending trend line (arrow is pointing to it in the graph on your left) we are in a downward trend. If it breaches above that line and drifts further away, the bulls remain active. |
SeaDrill Limited (SDRL)
Stock gained over 130% on Friday. In ONE day. I always like to put these run ups into perspective. If you invested $1000 dollars in this stock on Friday; you would have walked away with well over $2000. I prefer this as a short but I am no hero; therefore I will wait for confirmation of a downtrend before shorting. Ideally; I would want this to spike to the 7s again; and I would initiate a short around those levels. Stopping out around 9; which would prove to me; I am wrong on the short thesis. |
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