[isatrader]

A short? SHI.L

It has potential, as it's making a Stage 4A breakdown from a weakening technical pattern, although it's only made a six month top, and hence it's considered an early Stage 4A breakdown, and the top isn't very developed which you can see from the 30 week MA and the 200 day MA only just beginning to flatten out.

   

It is also in an under performing sector which is support services (NMX2790) which below it's relative performance zero line and is mid range of the FTSE 350 sectors currently, and in Stage 2B- on the sector chart.

       

So on that alone it looks like a suitable candidate. But the next job you need to do is to look at each individual stock chart in it's sector http://www.londonstockexchange.com/excha...790&page=1 and compare it against them to make sure it's still suitable.