Earlier, I
posted the screen results of 18 stocks trading at a steep discount
relative to its share price; now I flip sides and give you three
stocks that have technically broken down, and are prime for a short
position with an excellent risk/reward setup. The only catch is the
general market. Any short position you take on right now, is going to
be rather difficult due to the fact that the market only seems to go in
one direction these days. Nonetheless though, I give you three excellent
short setups.
Durban Roodeport Deep (DROOY)
Mastec (MTZ)
Everest Re Group (RE)
Originally Posted By Ryan Mallory on his blog at SharePlanner.com