Monday, August 13, 2012

Retail Short Trade

Vera Bradley is at a key resistance level at 25.50. I like this name on the short side and the trade can easily be managed with a stop at 25.50-26 depending on your risk tolerance. Looking for a move back down to 21-22. Many technical indicators reading extremely overbought as well.


http://seaofopportunity.blogspot.com/ 


No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.

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