Hey all,
I'm posting all my convictions right now to keep y'all up to date with what I'm doing-especially since I haven't been able to post what I've been doing over the last 3 weeks. I'm short small size on GOOG at 119/shr, I believe, and even though it may see a small bounce come this week, I expect that bounce to be quickly faded. The name has shown a lot of relative weakness, looks to be making a bear flag below resistance, and I believe will be much lower come October; mind you the company just missed the top & bottom lines. This is probably my favorite blue-chip name to short here.
I'm posting all my convictions right now to keep y'all up to date with what I'm doing-especially since I haven't been able to post what I've been doing over the last 3 weeks. I'm short small size on GOOG at 119/shr, I believe, and even though it may see a small bounce come this week, I expect that bounce to be quickly faded. The name has shown a lot of relative weakness, looks to be making a bear flag below resistance, and I believe will be much lower come October; mind you the company just missed the top & bottom lines. This is probably my favorite blue-chip name to short here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.