What an interesting day today... very bearish day on Tue and the end result for Wed was a very bullish day. Now, if you watched the price action as it unfolded today, you saw some bearish activity at the start and a few little pullbacks, but the bulls took it in the day, esp from 2:30pm est on.
Here's today's dia chart with some analysis:
After looking at that chart, here's my plan of attack:
If still short, have to pay attention the rest of this week. At most the stop should at the top of the shooting star. At best, you may have been trailed out today, which is fine. Today was a major bullish push and I would have no problem seeing that this short just didn't have it this time.