The Machines Are Beginning To Buy Palladium And Natural Gas - Short Tesla And Jabil Networks
After a long bear market the machines have gone from being short of Palladium and Natural Gas to now accumulating long positions. We continue to like TSLA as a short and we have added JBL to our short watch list as both of these names have RSI greater than 85 and this rally is unsustainable.
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Boeing (BA) stock remains on our watch list and BALL has been added as long trades. We will be alerting members of The Contrarian Trader when we open, add and close these positions.
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