23 Short Setups with Stop-Losses
After yesterday, thoughts on the street was that perhaps we would get a sympathy bounce out of the market, but the way futures are looking, it doesn't appear to be so. Different from my usual morning trade-setups, I thought I'd publish my running watch list of stocks with their ideal stop-loss. Some of these you have probably seen on the morning setups that I have posted in the past, and a lot of them you haven't. Nonetheless, they provide you with a number of ideas when it comes to shorting this market. Some of them are on the verge of breaking major support levels, while others received breakdown confirmations with yesterday's sell-off. So add these stocks to your watch list and monitor their price action.
1. Universal TravelGroup (UTA) - 10.07
2. Mastec (MTZ) - 13.42
3. United Therapeutics (UTHR) - 59.55
4. Range Resources (RRC) - 51.47
5. ENI Spa (E) - 45.70
6. Eaton Vance Opportunities Fund (ETW) - 13.85
7. Petroquest Energy (PQ) - 5.48
8. Superior Well Services (SWSI) - 13.88
9. Willbros Group (WG) - 12.19
10. ASML Holdings (ASML) - 34.88
Click Here to See the 13 Remaining Stocks On My Watchlist.
