Signs to get out

Examining the top left chart of an LVS short and also the types of candle action to watch out for during this type of play. First of all the Short taken on LVS was a breakdown play which is never a good play to take because it has high chances of failure as shown in the above example. I got lucky I broke even on this play because if I had not set up my exit strategy before the play I would have been in the play and lost load of $$ for no reason. First of all, don't take breakdowns, second this was a late play, third its LVS. This stock is the most dangerous stock, we go about 4 years back, I love the stock, I think its a great mover for intra-day trading, but for 4 years I have yet to still understand this stock. It moves crazy, it will fake a lot, it will do stuff that you've never seen a stock do. But I figured this fail breakdown with an unbelievable 110% re-tracement is normal for LVS. Just remember, if this ever happens, look to close your position right away or at break even, its not worth watching this move $1 against you.