The short setup that continues to yield the best results in this Raging Bull market is finding stocks that have run for several days and then looking for a “catalyst” for a change in direction. In our last Two Minute Trade Review, $AAPL had a news catalyst that created a short term top (currently about $20 lower). In this example I was able to identify a seller on “The Tape” after $TWTR had moved several legs higher in the past few days. This seller was the catalyst for my short and the video gives some more details. To register for my more detailed trade reviews please click HERE.
Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 17 years. His email address is: [email protected]
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