Here the chart of QuikSilver for Phil, who's bearish on it. He points out that it's close to the downward sloping long term trendline. Bears should also like the way the 50 DMA is bouncing off of the 200 DMA. The one thing that concerns me is the support near 13. I'd rather short it just after a failed test of resistance. The few times it fell under the 200 DMA earlier this year would have been great entry points. But I guess it depends on how tight of a stop you want and where you think it could fall to. If you think it's going back to 11, then jumping in right now would be fine (depending on where your stop is).
