Singkat
Shorting after bullish peak on ROVI CORP
Experimental...
Idea came up by reading this article:
jbmarwood.com/strategy-shorting-shares/
By applying screening with Finviz and proposed criterias, you end up with a dozen stocks.
finviz.com/screener.ashx?v=111&f=sh_avgvol_o500,sh_price_u20,ta_perf_1w30o&ft=4
I picked one of them, ROVI was among other candidates (I also chose MEMP). ROVI renewed a license agreement with AT&T.
Article focuses on volume and gives some hints:
The best strategy I have found for shorting stocks is to look for companies that have had a significant run-up on heavy volume and then short them when they are extremely overbought. (...) Volume should also spike significantly higher on the upward move.
Fibo shows key levels: pivot and 0.382. Resistance around 16.00 level. Expectation is a retracement from C, until the pivot is reached (first TP), second TP could be at a deeper layer at 0.618. The first A/B/C forms a perfect triangle with B right in the middle.
Idea came up by reading this article:
jbmarwood.com/strategy-shorting-shares/
By applying screening with Finviz and proposed criterias, you end up with a dozen stocks.
finviz.com/screener.ashx?v=111&f=sh_avgvol_o500,sh_price_u20,ta_perf_1w30o&ft=4
I picked one of them, ROVI was among other candidates (I also chose MEMP). ROVI renewed a license agreement with AT&T.
Article focuses on volume and gives some hints:
The best strategy I have found for shorting stocks is to look for companies that have had a significant run-up on heavy volume and then short them when they are extremely overbought. (...) Volume should also spike significantly higher on the upward move.
Fibo shows key levels: pivot and 0.382. Resistance around 16.00 level. Expectation is a retracement from C, until the pivot is reached (first TP), second TP could be at a deeper layer at 0.618. The first A/B/C forms a perfect triangle with B right in the middle.
Pesanan dibatalkan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.