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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

CHESS MOVES

chessNwine Tue Feb 25, 2014 3:29pm EST 3 Comments

5247576_700b

I am short General Motors here, in at $36.13, looking for this consolidation to resolve lower.

The stock has been in a downtrend and lagging the tape for a while now.

It is my type of short because it is not heavily-shorted (thus, I likely will not face a violent squeeze higher), is liquid, and is a general dud.

Who is playing First Solar earnings after the bell? How are you playing it?

Stay tuned for my video market recap after the bell…

_____________________________________________________

GM

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3 comments

  1. TheHarper
    TheHarper
    February 25, 2014 at 3:40 pm

    FSLR – Long Stock / Short Out of The Money Calls

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  2. alf44
    alf44
    February 25, 2014 at 4:00 pm

    .
    … coin toss on the F vs. GM SHORT !

    I sorta fancy the F chart … but, either/or !

    Ford Chart
    .

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  3. gatorsun
    gatorsun
    February 25, 2014 at 4:57 pm

    Ford is about to re-visit 13/12.50 area,,nasty

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