Short GCO

GCO is an apparel company. The sector is weak and in a short mode.
GCO is in a down-trend, but bouncing back up, helped by the general market.

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We can see that buyers are non-existent even during this bounce.

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When shorting a stock, it is very important to check the Supply indicator and the Volume Histogram.
These tell you where the market forces are right now.

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The stats indicate that shorting an overbought situation is interesting.

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The short zone is shown below.

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