Six Stocks Ripe for Shorting

With a little more weakness than what we are used to at this time of year, you may want to be equipped with some short plays should this market make a move lower this week. Here are six stocks setting up as potential short trades if they break firmly below the noted support lines:

1. Akamai, Inc. (AKAM)
2. Jet Blue (JBLU)
3. America Movil (AMX)

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4. US Airways Group (LCC)
5. Energy Transfer Equity (ETE)
6. Titanium Metals (TIE)

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Each of these stocks, if they break below the lines of support, will do so across fairly long-term support, making them even stronger plays.

Editor’s Note: Aggressive traders may wait for a daily candle to close below the support line prior to taking a trade. More conservative traders may wish to wait for an entire daily candle to print below the support line, including any wicks above or below the body of the candle.