CRUS bear flag on the daily

١٥ يونيو ٢٠١٣

After distribution days on 5/23 and 5/24, CRUS has been consolidating on low volume. This price action is creating a bear flag on the daily. May put on a starter short within the pennant with a stop a few pennies above 18.67, or short at the breakdown of the flag. Note: short float is 13.5%.