Short Cintas (CTAS)

7 05 2008

I love the pattern that has developed in Cintas (CTAS).  I see this short setup over and over again and when it looks like the market is going to turn down for a while I just run a scan for it.  What I look for is a stock that has already broken below its TD Sequential stop-loss point and is then climbing back up for a retest.  I enter the short on the retest and use the lowest low between the 1 and 13 count of the TD Sequential countdown as my buy-stop.