Short-Sale Set Up - Short-Sales Triggering on Stocks from the Weekend FLR

Published:

6 Sep 2022 10:23 ET

In the charts of stocks shown over the weekend in the Focus List Review we note that several of the names discussed are breaking near-term support at their 10-dma and 20-dema which triggers short-sale entries. We are still watching First Solar (FSLR) for any potential break below the 123.12 level which would trigger a double-top short-sale (DTSS) entry.

We also note that Albemarle (ALB) is triggering a short entry at the 20-dema on an intraday reversal at the line.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.