Consumer Staple Stocks Stalling – Setting Up Short Shot?

By | January 11, 2018

Many of the consumer staples sector stocks have not participated in the strength in the broader market this week. In fact, in today’s trading several moved below key levels of technical trend line support, closing near their lows of the session.

These well-defined early breakdowns offer good risk/reward entry points.

But short positions are particularly speculative and always require a disciplined trailing buy-to-cover stop.

Leave a Reply