Browse Stacks: Patterns: Pandora_Daily_May202015.jpg

Pandora_Daily_May202015.jpg

Small short trade set-up on Pandora. 

And really, who would want to get long a money losing internet streaming music company? 

After finally breaking above its long-term downtrend line from all-time high in 2014, Pandora has so far failed at the re-test of the 2015 high. 

The breakout level of note is 16.50, which would be a 7.7% drop from P's close on May 20th

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