Greetings and welcome to the first edition of Short Everythin.
From time to time I will try to share my short setups on what I believe are overvalued companies. Who knows, I might find a decent long from time to time.
Over this last weekend I went over few hundred charts and the winners are as listed below.
I have included my designated entry/exit points. Good Luck
RR 4:1 , established downtrend
RR 3:1, death cross just occurred , expecting to take out the previous low and find strong support above 67.5
RR 3:1 , break of 150 to indicate dead cat bounce is over and test 140, likely 130
- Columbia Property Trust
RR 2.5:1, forming a bit of a descending triangle and a TP measure (triangle height) corresponds exactly to previous bottom at 18
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