$RIMM Sell Short

$RIMM gapped down om June 25th and has been trending lower since March. I will sell short below 52.40 with a price target of 47.42 and a stop loss above 54.14 . This trade will provide a potential reward of 4.98 for a risk of 1.75 .

WYNN sell short

$WYNN has been on a downtrend since the gap down on June 29th. I like the sell short on a trade below 78.70 with a target at the July 2nd low of 73.12 for a reward of 5.58 with 1.80 of risk.

QCOM short for swing trade

QCOM has been trending lower since the gap down on April 22nd and has stayed below the 20 and 50 day moving average. I would enter QCOM short below 33.50 with a target at the monthly S1 support level of 31.44 and a stop loss above 34.20 . The risk on this trade is 0.70 for a reward of 2.05 .