Adding 25% to HLF Short Position

Make sure you saw today's earlier HLF post to understand the basis of this position, HLF Trade Follow Up

The HLF position (short) we've had open and in the green is seeing a bounce on Ackman's presentation day of his "Knockout" evidence HLF is an Enron like scam or so he says, I really don't care, but I do know Icahn doesn't like him and this bounce is more than likely Icahn trying to humiliate Ackman on the day of his HLF knockout presentation as I showed earlier this morning.

I said I'd use higher prices to add to the half size partial position which I'll bring up to 75% of a normal position size and I'll show you what I'd like to see to add the final 25%.

 On the Ackman Humiliation bounce we are starting to see negative intraday divergences, I want to use the price strength to add to the position as the longer term probabilities are still very solid.

 To add the rest, I want to see this 3 min chart which is still in line, go negative. The 1 min will have to show a stronger negative divegrence and migrate to the longer timeframes, but based on the accumulation behind this move, I think that is very high probability.

 This is the 5 min accumulation to set up today's move, as I said earlier, it's more than enough for today's move, but it's not enough accumulation to be any kind of a game changer and the highest probabilities are with the largest underlying trends...

Such as this 60 min chart leading negative in a H&S pattern that has already broken and shaken out initial shorts.