[isatrader]

What about shorting CTRX rallying back to its neckline at 44?

As before the method would suggest waiting for it to stabilize at the breakdown area / resistance zone and starting to show weakness again. So one method I've been experimenting with is dropping down the time frame to a 2 hour chart and performing a Stage analysis on it in the same way you would with a weekly chart. So for example if you look at the 2 hour chart of CTRX attached, it's gaped up into 2hr Stage 2, straight from it's 2hr Stage 4 on around 3 times the average volume. So personally, I'd be looking for it to form a consolidation over a number of days and then breaking back below that at least, as is showing some short term strength currently.