The ABG (Asbury Automotive) short setup triggered a short entry (on a move below 51.77) on Friday and continues to fall today. With another 23% downside before the final & preferred swing target (T3 at 40.80), ABT still has a lot of meat left on the bone. As always, reactions (bounces or consolidations) are expected around each target level which may allow more nimble/active traders to micro-manage the trade by covering some or all of their position as a target level is hit and possibly even reversing the trade (short to long) to play a bounce, assuming that the intraday charts confirm. Previous & updated daily charts: