CYH was one of several short trade ideas posted on Sept 3rd offering objective entries at that time. CYH had recently broken below this horizontal support line (now resistance) around the 40.60 level. That support break followed a breakdown of the longer-term uptrend line on Aug 15th. CYH closed just below the former support, now resistance level on Friday and as such still offers an objective short-entry or add-on. A tight stop could be placed slightly above that resistance level (around 40.70ish) while a more liberal stop could be place just above the top of the Aug 15th gap, around 42.85. Daily chart:
