Watch the live trade video below to see why IDXG (Interspace Diagnostics Group) was a strong potential short sell on Wednesday, March 22, 2017.
IDXG (Interspace Diagnostic Group) spiked this morning due to analyst “buy” upgrades. Other than this weak news, the only other headlines that stood out were those covering their public stock offering a month ago. This is a negative action, and usually results in a stock price crash. Their financials were no more attractive, and the chart seemed very over-extended. I decided to enter a short trade during the morning run, which topped and crashed soon after for a nice gain. This pattern happens AGAIN and AGAIN. Learn how to find and play these consistent crashes HERE.