[Lplate]

Just looking at a bearish chemical stock Huntsman Corp HUN http://scharts.co/18uSUMo I just post it as an example, that bulls should have exited around 25 in early October, but (leaving aside the SPX was still rising) shorts would not be looking at it yet.
In late Oct there was a big bounce to the breakdown level at 26.
The November turnaround at 27 was not on particularly high volume, I think, so still we might not have been looking at it.
It is not until the big down candle in December to 22, that it would be noticed, but you'd think Ah the stop has to be above 26/27
It is not until late December that you see the bounce up to 23/24 and then has failed on volume It is not until this point that you think: Aha, yes, even though it's resting at 22, I can have a go at this now, though feel a little late to the party, so it will be as a continuation short, with a stop above 23/24 and a T1 of 20 and T2 of 18.

It is a dilemma, isn't it, how much time to spend on potential future candidates way before they trigger on a scan