Today’s Trade 12-5-11

Over the past couple of days there have been MANY shooting star formations in the equity markets. As many of you know, this is my favorite trading pattern to look for. Williams Sonoma’s (NYSE: WSM) shares in particular happened on above average volume, and at a decent supply level. Here is how the trade sets up:
 
— Short Below: $38.82
— Stop-Loss: $40.08
— Target: $35.19