the BIIB short set-up, which was posted all the way back on february 19th, is finally starting to break below the huge rising wedge pattern. as this trade is based off a 2-day period time frame, i’d like to see at least a solid close below the bottom of the wedge today and preferably a close below tomorrow as well. however, consider a close below that line today as an official entry for the trade. of course, aggressive traders could enter here with the appropriate stops not too far overhead. original 2-day chart first, today’s updated 2-day second with new, additional targets.