Both Brooks Automation (BRKS) and Western Digital (WDC) continue to move lower after we first reported on these as short-sale set-ups earlier in the week. In both cases, the stocks are well below their 50-day moving averages, so at this point one is watching for prior lows in the patterns as potential U&R cover points. The fact that we are finally getting some minor juice from these shorts is perhaps telling us something about this market currently.
Short-Sale Set Up - Follow-Up BRKS and WDC 6/18/21
|Published:||18 Jun 2021 09:59 ET|
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