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Short Setups for Friday
By:
Scott Johnson
Friday, October 03, 2008 12:25 PM
Symbols:
CAL
,
IIVI
,
ILMN
,
ISRG
,
MTH
,
OFG
,
PTNR
,
SAN
,
SMTS
,
STSA
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However, the July low was 2.34. Yesterday, the closing price was 14.25.
- SAN is under significant resistance, and the chart shows some big red bars earlier in the month. This is a play on the globalization of our economic crisis.
- OFG: I am looking for a break below 17.00 for a short entry.
- HD is stalled below the 50 and 200 day moving averages.
- CAL: Another airline stock way off its lows.
- ISRG: More downside likely if it drops below 225.00.
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,
ISRG
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,
OFG
,
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,
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,
STSA
,
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Research Related Stocks:
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,
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