Please join with 8,500+ members in our Facebook group and have exclusive discussions and get insights about the growth stocks. Hope to see you there...!!!
These are the best stocks that are offering potential shorting entry on 2019-10-03. It can be added to your watch list.
1. IDEXX Laboratories, Inc. (IDXX) – Lives below the 50 day moving average ( DMA) . Potential short entry at $271.50.
2. Symantec Corporation (SYMC) – Struggling to hold up above the 50 DMA. Short entry around $23.29.
3. Cerner Corporation (CERN) – 50 DMA become resistance now. Short entry around $67.67
4. QUALCOMM Incorporated (QCOM) – Lost the 50 DMA support. Short entry point around $74.
5. Synopsys, Inc. (SNPS) – Lost the 50 DMA support. Short entry around $134.
Short selling is very risky than buying stocks. So, 10-20% profit target is ideal. Also, a strict 5% stop loss from the entry price is advisable.
