Here's my Short-Watch-List for this week. Like a few weeks ago, the
number of stocks that I am closely watching has absolutely blown-up. I originally made this three posts, but figured it would be much more convenient for Slopers to combine them all in one post. There are a
bunch of new names to the list below and it is worth taking the time
to look over the stocks to see if any of them meet your requirements for
a trade. I've also included the current price based on when I created
the chart (yesterday) only so that you could compare how tight/relaxed the
stop-loss is.
Here are the three categories for inclusion on my list…
1) Price and volume pattern is intriguing
2) Stock has been heavily sold-off in the recent days or weeks, but
still remains on the list for a possible short off of a weak rally,
and
3) Stock is one of intrigue to me, such as Goldman Sachs (GS), so I
keep it around in the case that there is a setup that is too good to
pass up.
Most of them though fall under condition one. I've also gone ahead
and highlighted those stocks that are new to the list. The stop-losses
for ALL of the stocks have been updated.
Those stocks highlighted in yellow represent new additions to the watch-list since the last watch-list posting.
Checkout Ryan's Blog at SharePlanner.com
