In past Trade of the Day posts I’ve highlighted opportunities on the long side, but given current market conditions I though I’d highlight a potential short set up. TRCR took out support of the 50 day moving average recently with heavy volume and has made its way back to this new resistance level with diminishing buy volume which makes it a potentially strong short candidate. I don’t have a short position in it yet but may consider one soon.
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Medical Transcription Services Stock Buy
(Invest2Success, 5/9/11)
Medical Transcription Services Stock Buy
(Wall Street Sector Selector, 5/9/11)
Filed under Stock Trade of the Day by Tate Dwinnell
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