Short Candidates

Although, I think the broader markets have a little bit more work to do on the upside, it's time to start looking to short stocks again.

I need to research how these stocks will fall into the sector rotation and the fundamental story. But I chose all of these stocks, as they're either showing weak volume as they break through the 50 day moving average on a 3 year weekly chart, or they're displaying a bearish chart pattern.

Here they are:

CBRL (watch)
**CMG
PNRA (would like to see it break 43 with nice volume on the downside)
GEO
EPIC (wait for a retrace)
**MFN
**BRCD
CMGI
HLX (head and shoulders, hasn't been moving up with the rest of the sector)
ZBRA (wait for break down of 50 EMA)
**CELG
OZRK


I wouldn't jump into a position yet, but keep these on a watch list, they're all showing weakness. Any opinions and suggestions, let me know. For each of these stocks, be patient, and watch how they play off the moving averages. Stops of 7% to the upside for each and cover after a 20-30% gain on the downside.

Also it's important the overall market doesn't break out. Odds are these stocks will collapse as long as the broader indexes move down.

Kevin