ANOTHER SHORT IDEA - TCK

[huh]

Could short now with a stop against 22.50, or wait for better risk/reward set-up with a confirmation below 19.99. Short term downside target ~13.40 for the continued rounded top (purple lines). Green line shows a failed iH&S.




Longer term downside target ~9.50 from a multi-year H&S/Descending Wedge (red lines).

[huh]

Told a buddy of mine to short this at 41.81 back in Oct. 2011 and simply sit on it. He thought I was nuts. Down 48% since.