My most profitable short position is Brinker International, which I’ve posted about many times. If you are not in this position, I do not think it’s too late. Far from it………I think Brinker has a long, long way to go. Here’s the topping pattern and the breakdown:
And, for some perspective, thanks to my trusty SlopeCharts, here’s the long-term:
I’m sticking with this position as long as I possibly can, tightening up the stop-loss as I go.