Irrespective of the recent false breakdown and snap-back into the wedge pattern, LL remains one of the better looking longer-term swing short trades. Following the breakdown below the primary uptrend line in LL, Lumber Futures (to which LL stock is highly correlated) made what appears to likely be one final thrust to new highs, in which a nice shooting star topping candlestick was put in and confirmed via prices dropping sharply since. As of today, we also have lumber futures trading down sharply and having broken below what looks like a well defined bearish rising wedge pattern. Only time will tell if this trade plays out and although it is now down about 3 points or 4% from the original entry (64.87), it is still less than half way to the 10%+/- stop out criteria based on my preferred target of 35.10. Updated daily chart of LL as well as an updated daily chart of Lumber futures: