This market to me, has the feeling that it will continue to drift, drift….and drift some more, and then suddenly, when no one is expecting it, fall hard and fast before the final bell rings. Just a gut feeling at this point, but we sort of saw that yesterday, except it was to the upside.
With that being said, I shorted Web.com Group (WWWW) at $8.21 and Parker Hannifin (PH) at $67.62.
Here’s my breakdown of their charts and why I shorted them.
SHORT: Web.com Group (WWWW)
SHORT: Parker Hannifin (PH)
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