There was a plethora of stocks to choose from this morning for shorting. My first goal was to see if I could get a good, solid entry on the two short plays I posted earlier this morning. But I couldn’t get the entry that I was wanting so I passed on both of them. However, I did manage to add Schnitzer Steel (SCHN) at $42.05.
The details of the trade are shown in the chart below.
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