Saturday Sooners

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This weekend, I’ve put together charts of stocks I feel are almost ripe for shorting but are not positions in my portfolio yet. I confess that if Friday had shown general weakness, I probably would have cheerfully shorted every single one of them, but the ungodly annoying recovery on Friday made me hesitant (and too nauseated) to get more aggressive. I suspect I’ll get into most or all of the charts I’m sharing this weekend during trading next week.

BancorpSouth is in the throes of a beautiful topping pattern and has broken an important uptrend. If we can break the horizontal, it’s party time.

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Cheesecake Factory (whose mission is to make our morbidly obese nation even more morbid) has broken an important uptrend as well.

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Callidus Software has been painting out a series of lower lows and lower highs.

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Finally, Crane Corporation is threatening to break a crucial supporting trendline (as so many stocks are these days).

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I’ll share more tomorrow (and even more with my Slope Plus subscribers)

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