Lanmar

Short set-up in a penny stock (No position - just educational)

Short
NASDAQ:CERC   Cerecor Inc
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I am not short nor will I initiate a short position in this stock. This is just for educational purposes to train your eye for patterns. Notice there is a major H&S pattern followed by a minor pattern beneath the H&S . This is an example of a high probability set-up.

I will not take this trade because I don't short low market cap/low volume penny stocks like other stock gurus famously do. But if I was long this stock this would be a big sell signal.
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