After a bearish pennant
formed just a few weeks ago, another has appeared to form as well. Trendlines
aren’t the strongest but that’s mostly due to my lack of experience. Last few days it’s had some very long upper shadows on candles. The stock has also dropped after earnings
on the last 2 reports and will post earnings
after the trading bell today (feb 10). This scenario suggests that a short would be a favourable trade here.