[shaunattwood]

That's a sensible approach. I'm short 250 at 43.49 with orders to short 450 more at 43.99 as personally I feel the rally is a spike that will fizzle by the end of today.

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.