Here’s a new one: Credo (CRDO), which has completed a very clean reversal top. I just bought June $125 puts on it.

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Here’s a new one: Credo (CRDO), which has completed a very clean reversal top. I just bought June $125 puts on it.

Well, the equity markets went from ALL RED to ALL GREEN based on – – who knows! – – and at the moment, out of my 24 short positions, 13 are red and 11 are green. Not terrible, all things considered.
One of the better performers lately is Arthur J. Gallagher, which is an insurance company with a massive topping pattern.

In contrast to my earlier “Unleashed” post, these are open short positions which are on a very tight leash. In other words, I don’t trust them quite as much as the other set, so I’ve got a tight stop-loss on them all. All the same, I like the patterns enough to have them as live positions.

Here are a dozen charts of live short positions which I am confident will be A-OK, even with the quadruple-digit rally on Friday. These patterns are large, powerful, and ready to take on the bulls!
