We have picked 2 stocks for short sell today. Both stocks started a rally at the beginning of this year. Currently it looks like the rally could be about to come to an end as indicated by the Bollinger Band. Both stocks have also reached a high that used to cap its price rally in the past. We recommend short selling both stocks. Trade duration is about 2 weeks.
See MoreWe have picked 2 US stocks for short sell today. Both stocks reached a high in early Dec 2018, despite the overall stock market and its index in a declining situation. Price of both stocks experienced a quick decline in December 2018. There is currently a recovery in price of both stocks but we think the correction of that decline is likely to run into resistance and hence we are recommending a short.
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