REE: When it Works

This is what I like to see in a short

The high to 8 was with a worsening MACD.   That's what you look for in a top.   No follow through and then a big sell off.  Down another 6.3% on Friday.     Next step look what happens in the 6.0 -5.50 range.  If the elder bar stays red  this could go down in a hurry.     I would expect to see 4s