As many decades as I've been charting, I can never cease to be amazed at some of the events that can happen with simple embellishments. I came into the day short Cabella (symbol CAB), and it started plunging at the opening bell. It tagged its supporting trendline perfectly – virtually to the penny – and I'm out of the position at a nice profit (I'd love to say I closed at the trendline, but I covered earlier this morning, to my chagrin). All the same, it's a dazzling example.
