In this manner, I will campaign a stock on the short side, hitting it heavily on the short side as it rallies into potential resistance and then covering on the downside breaks as the stock undercuts a key support level in the pattern. As a broken-down former leader trends lower over several weeks, this process can be repeated several times as the stocks breaks down, then undercuts a support level, rallies back to an overhead resistance level, and breaks down again to fresh lows.
- CHAPTER 2: Short-Selling Essentials
- from Short-Selling with the O'Neil Disciples: Turn to the Dark Side of Trading
- Publisher: John Wiley & Sons
- Released: April 2015
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