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As I strolled through over 1,000 charts this weekend (yes, I have no life – – but I do it for you!) I stumbled upon some stocks I had considered shorting but, for various reasons, never bothered doing so. Ah, well. Can’t win ’em all, right? Still, it’s a shame………….which is not to say these suckers don’t have plenty of downside potential left! They just caught my eye WAY closer to their respective tops!
It isn’t too late to short this sucker! DKNG is the ticker. Down is the direction.
I’ll start off with a short victory lap, which is regarding something I said when the bulls were bidding up equity prices into the green zone across the board early this morning.
