Friday's price action
formed a bearish
harami and this morning the price action
has momentum forming a potential evening star
pattern. Today's price action
will need to close below 35 and preferably below 34.95. A close below 7/12/2016 low of 34.48 is our trigger to sell at 34.51 or maybe the last chance to get aboard this pullback to maximize profit.
A sell this morning upon failure of maintaining the open price of 35.18 would be understandable for a aggressive position or for the long position trader looking for a pullback and banking profits.
Enjoy and Good Luck,