DRAD – Trading a Technical Support Break for $1,500

Short selling DRAD after a 47% jump.

DRAD (Digirad Corp.) has had a long term bearish chart, but received a short term pop after news was released detailing an 8M contract win. This quick spike was short-lived, and ended up giving us a great short sale opportunity. Visit www.ParadigmTrades.com for a more in-depth look at trading strategies such as this one.