Alex_Quiroga

Dow drops 1,175 points :( #18 NTCT)

Short
NASDAQ:NTCT   NetScout Systems, Inc
The last time I publish a short selling Idea was in February 9-2018
And now this kind of opportunities are scarce, because the whole market is bullish and you can not sell short stocks only because the Dow Jones had a bad week
But I like the process of search because I spend hours searching in my watch-list only to find a few ideas

Now go to the technical aspect here
Remember that I always say that resistance becomes support
here it happens backwards, support becomes resistance, and it press the price down.
the broke of that support was with a bearish overnight gap (Red circle) big red candlestick