The Ultimate Guide: Short Selling Penny Stocks by Justin Bostwick - HTML preview

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Short Selling With PennyStocker.com

00004.jpg5 Min Chart

As you can tell my chart setup is relatively simple yet efective. You don't see any of those confusing technical indicators like the RSI, MACD, or Stochastic that all those “professionals” preach about. All that does is confuse the trader and adds more noise than you need to the chart; it goes to say less is more. With short selling all you need is volume displayed on your chart and a trained eye to look for these short selling pump and dump patterns.

Patterns that I will discuss in the next chapter.