After a big $4 pull back yesterday and a gap up this morning, using p/m as a guide I watched for failed follow through and shorted when a 1 million share volume bar failed to spike the stock. It then tracked sideways failing to push higher. Took 1/2 profits at 1:1 and the rest at 43.77. I was on the right side of this trade so when it re-tested and continued to have failed follow through late morning I should have shorted again for a much bigger fade. ($0.50 Locate fees)