Sounds like cheesy 80s porn, right? It isn’t meant to; this has to do with nurse (and other) uniform maker Cintas (CTAS), which looks like a prospectively interesting long-term short position, based on this top and price gap.
What makes this interesting is that, until recently, the stock did almost nothing except go up.
And lest you think “perma-risers” will always rise again, let me direct your attention to Charles River Associates, which did nothing but ascend for DECADES and then, for whatever reason, crumbled to about a quarter of its peak value and is looking terribly sick even now.
