WCBO - Short

Right now, WCBO is on my watchlist for shorting. Although the market has been in a rally the past couple days, I still would like to short this stock.

WCBO

It is coming into some pretty heavy resistance if you look to the left. And although the volume is up pretty high right now (which usually is NOT a good sign), if you look left, everytime the volume goes up the stock goes down. Here are my perameters:

Place a short limit at 10.00
Target is at 8.00
SL is at 11
RRR = 2

Now we just have to wait and see if my order gets filled...

Thanks

Just got out of this trade for a small loss. I didn't like the set up anymore, and it scared me a little. oh well you cant win them all!!