As observing the US market has no strength to move up, I again did the screening for stock market picks to short in the US market. Today, I found 2 candidates are trading near their resistance now.
They are Boeing and Tesoro Corp.
Look at the charts and you will find the stop and profit limit that I analyse, the reward/risk ratio and ATR. These are the important elements in my trading plan. However, we must not blindly rush into the market now, let’s see how the market is doing after the opening bell.
Boeing - US Stock Market Pick Shorting Candidate
Tesoro Corp - US Stock Market Pick Shorting Candidate
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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