Nordson Ready To Rock Lower

Having a very good day, for obvious reasons. I’ve got 50 shorts and 12 puts, all of which are profitable. A favorite equity short is Nordson, shown below, which looks like it’s about to U-turn lower once more.

(Click on image to enlarge)

slopechart_NDSN

As a bonus chart, the consumer staples fund, about which I did a post very recently, has broken crucial support. Bombs away!

(Click on image to enlarge)

slopechart_XLP (2)

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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