Neither of the plays below do I have a position in yet, but I am closely watching VIP for a break at $14.61, which it is getting very close to hitting as of this writing. CATY (the short setup) has a lot of potential as well, I'm just not a huge fan of shorting anything in this market. But nonetheless, I want to give you two different trades on two different sides. Because who knows....maybe you are one of those looking at adding some short positions to your portfolio.
LONG: VimpelCom Ltd. (VIP)
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