For the IACI new short entry or add-on trade posted yesterday, consider a stop not too far above the 46.60 level. That would provide a 3:1 R/R on the trade. Although the bear-flag pattern has been busted up today, the trade still looks fine technically as long as it stays below that horizontal resistance level and more importantly (for those who want to give it just a little more room) the 200 day ema which is currently around 47.50 and falling. Also note that IACI will experience a death-cross with the 50 ema crossing below the 200 ema on any additional downside in the stock at or near current levels.