It has been trending down for a few months, and the 20 day moving average has been a good place to short the past 6 weeks. That is currently up in the $87s, so while I am establishing a foothold I want to short more either on (a) a rally back to the 20 day or (b) a new low below $82.
We are here now, so I am going to put the 2nd half of the position on. If the stock breaks decisively over the 20 day we'll be gone.
Short Whirlpool in fund; no personal position
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