This is a follow up trade that we initiated on 6/30/14 Sep 10p @1.45. The double bearish pattern
as u see on the chart both suggest a measured target price $5.5 at the time of the trade, we noted that if price fails to push at least 5% from May high we will take short position of which we did. Now, HSH
pattern is confirmed along with bearish
triangle..if u decide to trim the position go ahead n do it. Good to hold but change ur
stop lose and round $8.29. Follow us if u like this.