The last time I publish a short selling Idea was in February 9-2018
And now this kind of opportunities are scarce, because the whole market is bullish and you can not sell short stocks only because the Dow Jones had a bad week
But I like the process of search because I spend hours searching in my watch-list only to find a few ideas
Now go to the technical aspect here
Remember that I always say that resistance becomes support
here it happens backwards, support becomes resistance, and it press the price down.
the broke of that support was with a bearish overnight gap (Red circle) big red candlestick
And now this kind of opportunities are scarce, because the whole market is bullish and you can not sell short stocks only because the Dow Jones had a bad week
But I like the process of search because I spend hours searching in my watch-list only to find a few ideas
Now go to the technical aspect here
Remember that I always say that resistance becomes support
here it happens backwards, support becomes resistance, and it press the price down.
the broke of that support was with a bearish overnight gap (Red circle) big red candlestick