BRCM Chart request

BRCM is a Trade Idea originally from 2/28/2011 and is at a profit at this point, there have also been several follow up posts. A member wants to know if this may be a good time to add to BRCM. Lets take a look-you could also initiate a position in BRCM if you missed the original trade.

 Here's the intact downtrend making this a less volatile trade then many that are still in the top region. BRCM has acted pretty well since we entered the trade and this is the trending type activity I prefer.

The candlestick today looks as if there's a total loss of upside momentum.

 The 1 min chart is telegraphing an intraday decline here

 the 5 min chart is inline which is good.

 The 15 min chart is slightly negative, I'd like to see a more defined negative divergence before jumping in too deep.

Because the 15 min chart is not a clearly defined divergence, there remains the possibility that BRCM may make a price move to spook shorts out, much like the broader market today. The fact that it hasn't done so today is good for shorts, but it still can't be ruled out with a high degree of confidence. This is the stop tat I'd use if I intended on adding here just in case there is that type of head fake upside move.