Gold bearish, pullback needed

Gold has broken down and it is in a bear phase. If it will manage to make a pullback to the 122 – 123 USD area, it could be a good place for entering a new bearish trade using a sell short strategy.

20140604_GLD_chart_analysis_from_simple-stock-trading-com

BMRN Short sell trade setup – 30.05.2014

BMRN is very weak stock. It did a pullback and actual price position could be a good place for a low risk short sell trade entry.

20140530_BMRN_swing_stock_trade_setup

I have set an entry to 56.49, placed a stop loss at 58.15. There are two target levels: below 50 and second near 42-43 area.

 

Bearish and weak stocks – 28.5.2014

This is a list of bearish and weak stocks. These should be avoided on the buy side but could offer opportunity for bearish sell short trades .

Bearish stocks:

ABB, ABMD, AFL, ANSS, AOL, ARG, BBBY, BLMN, CBSH, CMLP, CPA, DRQ, EBAY, EC, ENH, FOSL, GME, INFY, LNCO, LULU, MR, MUR, PFE, SXC, TRAK, ULTA, WAT, BMRN, ACXM, AIRM, APO, ATK, BMRN, FLDM, FOSL, FSLR, HGR, IMAX, JEC, SBH, SPLK, UBNT, ULTA, URBN, VECO, WDR, WEC

AUDUSD currency – possible return of downtrend

The AUDUSD currency pair looks like it ended its correction pullback move to 0.94 – 0.95 area and could return to downtrend move again.

20140522_AUDUSD_swing_trade_opportunity_from_simple_stock_trading_com

 

It is possible to trade this idea also using ETF with symbol FXA. A breakdown below the 200-day moving average could be an entry trigger for this short sell trade.

20140522_FXA_ETF_swing_trade_opportunity_from_simple_stock_trading_com

 

 

SOHU Short sell trade setup

I noticed SOHU when I have run my bearish stock screeners today.

20140514_SOHU_swing_stock_trade_setup

My short sell entry is at 54.90 with a stop loss at 58. The ideal target for this trade is based on decline to 45.40 level.

KBE Short sell ETF Trade setup

Bank ETF, KBE, is weak. THis sector is under selling pressure and ETF is now below the 200-day moving average. It indicates bear market.

20140507_KBE_ETF_swing_trade_opportunity_from_simple_stock_trading_com

I think it is possibility for further decline. If it tick up a little today I would like to sell it short at 31.50 with a stop at 32.02. Ideal target is set below 30 (29.85)

DG short sell setup

DG is a weak stock and could move down soon.

20140423_DG_swing_stock_trade_setup

 

My short sell trade setup has these points – entry at: 54.55, stoploss at 55.30 and ideal target at 52.20