Stocks to Short Sell – 202-0-02-03 – $ARNA, $CM, $PM, $IDCC, $SSB

By
Raja Adaikalam
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These are some under performing stocks that are offering potential short sell entry points as of 2020-02-03. It can be added to your watch list.

  1. Arena Pharmaceuticals, Inc. (ARNA) – Running into resistance at the 50 day moving average (DMA). May offer short selling opportunity around $46.20.
  2. Canadian Imperial Bank of Commerce (CM) – Running into resistance both at the 50/200 DMAs. May offer short selling opportunity around $81.47.
  3. Philip Morris International Inc. (PM) – – Running into resistance both at the 50/200 DMAs. May offer short selling opportunity around $82.70.
  4. InterDigital, Inc. (IDCC) – Running into resistance at the 50 day moving average (DMA). May offer short selling opportunity around $55.25.
  5. South State Corporation (SSB) – Free fall from the 50 DMA support and below the 200 DMA, now. May offer short selling opportunity around $75.61.

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