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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
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Keeping it Real Trashy

chessNwine Thu Jun 5, 2014 2:46pm EST 2 Comments

joey_buttafuoco1

With shorts badly out of position in this market and the small caps lifting hard, it may be worth looking at some real beaten-down trashy stocks ripe for short squeezes into tomorrow.

Blue Nile online jewelers has been a dud for a while now, for all of 2014 actually, and is heavily-shorted. Thus it is ripe for a trashy squeeze in a frothy tape, trading against the double-bottom lows highlighted on the daily chart.

So feel free to take a drive out to the Roosevelt Field Mall on Long Island and start talking trash to random people minding their own business.

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NILE

 

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2 comments

  1. 'OT'
    'OT'
    June 5, 2014 at 2:52 pm

    Lol…Joey Buttafuoco

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