As you know swingtrading is all about trading between support and resistance. You must have the ability to go long and short. The mechanics of a short trade are the same as the long except in reverse.
Here is a very low risk high reward short Im looking at $fcx
What do you see here? A stock that has clearly broken down. Terrible volume pattern that signals distribution. Now its had a low volume weak bounce up right to resistance.
So your setup is too short it as close as resistance as possible. Put a very tight stop above the resistance and boooombs away. 1st target 76.00, sell 1/2 move your stop to the buypoint.
