ACHV preparing to Reverse SHORT

ACHC previously ran up in a high tight flag pattern in my previous idea.

It has been slowly ascending in a narrowing channel. ( ascending wedge)

There has been a little push in volume on the indicator as price has

approached the upper boundaries of the channel. The average

directional index has decreased into the " chop zone" where consolidation

and lack of direction describes the price action.

I see this an an opportunity for a short entry. I will watch things on

the 1 and 5 minute charts for the best entry possible and the

ride this volatile biotechnology stock a long as possible.