28.25 short trigger for MCHP (yesterday's potential short set up that didn't work) Today's long upper tail above resistance (28) looks like a potential pullback at resistance. 28 was taken out to the upside yesterday but just a day later the breakdown at 28ish began (Figured 30 to be next resistane area at 11/02 highs but we didn't need to wait that long)
short set up looked good but it just didn't work yesterday