I was stopped out of a number of positions today (all of them shorts). What's interesting about these graphs is that they are still pretty compelling looking shorts. I've moved them into my "Bear Pen" watch list. It may seem daft to consider re-shorting something that was just stopped out, but I am always willing to wait a little later in the day and re-evaluate the chart and see if there is still a good risk/reward ratio…….perhaps with a more liberal stop……..on such symbols.
