Today we took qcor short and I wanted to outline the trade and give you my thoughts. The thing that I highly recommend, especially for new traders when shorting, is ONLY shorting breakdowns. Never try to short strong stocks and never try to short bounces. Often times we will nail the entry on stocks breaking …
The market is still in consoloditaion mode.. I know I have said that for about 2 weeks now.. but the range has yet to be broken. It feels like we are consolidating for a move higher as all dips in the market seem to get bought (just like today) But we shall see! The way …
Evening folks! Hope everyone had a great day. Flat day in the markets. She is either consolidating for a run or basing for a breakdown! LOl i guess that doesnt help that much. In my opinion if we can hold this 1450 area this next few days we will break higher. typically these consolidations …