Shorts were opened this morning around $34.25 and looking to add around $35.50 IF we get there. For the more conservative investor, look to short when the red major support line is broken. When that support is broke, the histogram may also turn red. There's a gap under $20 that's hard to ignore, but at the least look at the 618 or 50 from the recent run up for targets. Pay attention to the channels to confirm .
Fundamentals: Fundamentals don't matter in this stage of the market, but note that these guys make coolers. If you need to know more than that to confirm your shorts, their remaining shares will be available mid April. This could be gravity back to their price.
ALTERNATIVELY, you may see a more standard ABC where the C touches the trendline again. Conveniently, you have the 1.272 and the 1.618 there. I plan on opening my position close to $31 and adding more if we start piercing thru the 618. This may indicate weakness in that resistance and push us to those higher targets ($32.33-$33) can't go wrong with trading the 618 tho.
If you're following yeti, look for a bounce... let's see how high this bounce goes. Will either be a wave 5 or a B wave (I'm betting on it being the B wave). Then down we go into the low $20s.