the MNTG short trade continues to play out and although it has already gained over 15% since entry (breakdown of the rising wedge), this one looks to have a lot of meat left on the bone.  T3 remains my preferred target but i did lower my stop today to a hair below the 5.00 level.  a tighter stop could also be placed just above T1 (former support, now resistance) but i continue to give most of my short trades some extra wiggle-room on their stops.  updated chart last: