Energy stocks sold off Friday big time, and some of them were already in a sustained downtrend this price reversal and profit taking will continue next few weeks. You pick the weak among them and SFY attracted us as it formed several bearish patterns including but not limited to bearish continuation diamond, descending bearish continuation triangle, rising wedge. This may eventually go single digit stock but this bearish triangle has a measured move to $12 now if you decide to take a short position make your stop loss at recent swing high $15.63 with target price $12.