PCLN Trade (short)

PCLN is on my short list, excuse the pun.

 One of the last events before a reversal, the head fake move and a nice one in PCLN, a break above resistance and shut the door quick. I'll be looking for a little strength here to enter.

 1 min divergence on the move lower...

 2 min positive...

 5 min positive. So this should be enough to get PCLN to bounce.

 Long term, 30 min leading negative divergence.

60 min leading negative divergence.

PCLN is set up for a fall, a little price strength would be welcome to short in to.