Mechel Steel Group (MTL)

Out of the many thousands of stocks to chose from, my scanner has identified the following stock as a potential short candidate:



What to short: MTL

How much to short: 258 shares (based on a hypothetical $10,000 portfolio and risking 3% on the trade)

When to cover at a loss: Based on the stocks volatility, my method says to place a buy stop at $4.43

When to cover at a profit: After a close above the 50dma