Not a Good Time to Short
Wait for negative divergences, as the 30-day moving average of the advance/decline line remains oversold.
The latest edition of TheStreet.com Top Stocks is now available.
This issue of the newsletter notes that with 30-day moving average of the advance/decline line still rising, traders should wait for negative divergences before shorting. In addition, a look at three charts, updates on previous picks, today's indicator and reader feedback on four names.
