Updating stops on positions.
ORCL – buy stop @ $46.07. Short from $45.55 LL – sell stop $23.50. Long from $21.17 GDX – sell stop $22.43. This is breakeven…
Tag: ORCL
For Model Stock Portfolio sell short Oracle (ORCL) at the market. Current price $45.55, buy stop @ $47
Oracle has dramatically underperformed its peers as you can see from the chart below. In the last two years ORCL has been sideways while the…
Resistance At Top Of Trading Range
Thursday, December 8, 2016 What To Do? Short Term Short-term bears should stay short. Identify possible shorts and be prepared to enter shorts again if…
Resistance At Top Of Trading Range
Wednesday, December 7, 2016 What To Do? Short Term Short-term bears if you have not been stopped out of shorts, keep stops at recent highs…
Continue to hold short positions….
Tuesday, December 6, 2016 What To Do? Short Term Short-term bears should hold all short positions for the continued reaction. Short-term bulls stand aside. Intermediate…
Continue to hold short positions….
Monday, December 5, 2016 What To Do? Short Term: Short-term bears should hold all short positions for the continued reaction. Short-term bulls stand aside. Intermediate…