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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.