| Force Protection (FRPT) -- Daily |
The downside target on this short is $17, right in the middle of the March consolidation level. Shares of Force Protection closed at $20.56 Wednesday.
Updates on Previous Picks
- Arrow Electronics (ARW - Get Report): The
current stop remains at $39.65, and the downside price target is $35. Shares closed at $39 Wednesday.
- Centex (CTX): This
stock remains on the Watch List, looking for a short entry at $39.90. Shares closed at $42.81 Wednesday.
- D.R. Horton (DHI - Get Report): The
short entry was at $19.45. The price target is $16 and the current buy-stop is at $21.40, which remains unchanged. Shares closed at $19.20 Wednesday.
- Mattel (MAT - Get Report): The
stock was shorted at $27.75. The short had been working until last week, when the adjusted stop of $26.10 was hit. So this position was closed out for a small profit.