Double shorts today in the Lazy Trades. I scoured the universe near and far, and just couldn't find any setups to my liking that provided a nice edge as a swing-trade. Therefore, I'm coming at you with a double dose of the short setups today .
By the way, if this is the market's definition of a bounce, it isn't a very good one, unless we rip hard into the close, which the prospects of is dimming fast.
As a result, I've added HOLX as a short at $20.16 on a retest of the neckline of the head and shoulders pattern that was recently confirmed.
SHORT: Hologic (HOLX)
SHORT: Tiffany & CO (TIF)
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Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>