Also, a nice rising wedge amid MACD and Rate of Change bearish divergence. I shorted old friend FARO yesterday at 46.49. I guess it's the kind of thing that a hedged, risk managing player does while biding time waiting for the market to confirm some things.
Since I started the newsletter, I very rarely screw around with fun type trading. This is an exception and no, it is as always, no recommendation for anyone else what so ever. I have not even checked the funda's of this company. Just love the chart in an inverse sort of way.