The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 115—Shorting Tactics

Figure 115

Please select the tactic to follow for the next few weeks at the right edge of the chart:

1. The trend is up—buy here, near $94.95.

2. The trend is up—buy on a breakout above the recent peak of $100.50.

3. The Impulse system turned Blue with the downtick of MACD—sell short, with the target of $87, near the fast EMA.

4. The Impulse system turned Blue—sell short with a target of $81, near the slow EMA.