Aegerion gave a strong tk cross to the downside along with price and the chikou span closing below a swing low.
The N wave price formula lines slightly above a prior weekly kumo flat top.
(please look at a publish that i posted this morning that explains in detail the formulas
on the price formulas)
The n value gives a prediction of wave d to go to 19.12. While the flat kumo top is at 18.86 on the weekly chart.
Going into the morning I am extremely on this stock.
if your looking to short the stock, place a stop slightly above the swing low which is wave C or if your looking to short using options. The method of options is upto you.
Price Projected to 19.12