2nd Shot on CS on Formation of Bullish Signal + Pattern

Wrote 2 CS Jan17 15 Put contracts for .55 each.
Break even - 14.45 (neckline)
Stop - 12.95 (below right shoulder).

Target 1 Reward:Risk - 4.25:1

Plan:
Recieve 1.10 credit.
Get put shares on retest of neckline.
Hold stock and replace stop-loss with costless collar

Lot of upside potential if 14.34 can hold