PNFP Short Trade Follow Up

Here's our initial entry post... Yesterday I followed up showing how bad PNFP was looking, it would have been nice to get some strength to short in to, but the trade is thus far working .

The white arrow is out initial entry, there have been numerous follow up posts on PNFP, all showing the weakness in 3C.

 Here's the distribution on the false breakout n PNFP at the red box.

 The 10 min chart is confirming the downtrend

 As is the 1 min chart.

We stll have some volatility in the mix and I consider PNFP to still be a valid short, I would set alerts for any upside momentum within the white box, the second entry would be on a break of the support trendline, which would be the second break of support, as you know I ALWAYS prefer to wait for the second break of an important top's support before shorting it. So if you missed the initial trade, just be patient, PNFP looks bad.

Make sure to set those alerts, we already had one entry fire off this morning.