this one has actually already triggered as per the 60 minute channel breakdown but still have plenty of room to go (depending on how the stock opens on tuesday).  daily chart shows the extremely over-extending run, with hardly a pause on the way up with the RSI finally turning down from an extended stay in overbought territory (a cross back down below the 70 line is often a good entry signal for shorting overbought stocks) while the macd is making a bearish cross-over as well.  the bearish engulfing candlestick also adds to the case for a pullback trade while friday’s break below the 60 minute uptrend channel confirms and objective entry.  one could try to swing down to the support level marked on the daily chart (appx. 9% gain from friday’s close) or use the 60 minute targets marked.  stops depend on your own trading style and risk tolerance but one might allow for a re-test of the channel (which would also be an objective entry should the stock trade higher on tuesday).  althought this trade is being posted over the weekend, i will categorize it as both a trade set-up and an active trade, since i just came across it and it just slightly broke below it’s 60 min channel on friday.  unless LSI were to close well within the channel on tuesday, or make a huge gap down, i will still consider it an objective entry on tuesday.