ANATOMY OF SHORT SALES ON HIGH MOMENTUM STOCKS USING THE ZYX CHANGE METHOD
This post is in response to several emails that we have received regarding our earlier short sale on $NFLX (Netflix) and $VECO (Veeco Instruments).
Shorting high momentum stocks, especially those with high short interest is fraught with risk. Therefore, only those with significant short selling experience and experience applying technical analysis on a very short term basis should undertake such trades. Always have a predefined stop zone and be willing to take the loss if the prices spike into your stop zone.
Regarding this morning’s $NFLX trade, the post said to short only on spikes up using technicals.… Please click here or the title below to read more.