Verizon would have to reverse and get above Thursday’s high, then the alert will beep and you can take a closer look … everything depends on tone. Yesterday (Dec 5) was crummy tone but DG reported earnings (unbeknownst to me of course) which explains why it was able to go up without a tailwind from the broad market. It’s always good to have the scanner loaded with both longs and shorts and then to focus on what’s working given the intraday trend.
You can see from the 5-min chart above (click to enlarge) that it has gone sideways since, chopping around in a narrow range after triggering the short… original stop above 35.11 still holds … it’s nice when things work out immediately, but they often don’t. First target remains 32.80.