Well, it doesn’t happen that often these days, but when it does, it sure feels nice: one of my shorts got absolutely firebombed after the market closed today. Deckers Outdoor Corporation (symbol DECK), which I’ve touted repeatedly here on Slope and on my Tastytrade show as a great short idea, lost nearly a quarter of its value. Tomorrow should be quite the firestorm.

Here’s what the after hours trading looked like…….

To put this in context, below is the daily chart of DECK. I’ve highlighted four topping patterns that the stock has exhibited in the past. The first one didn’t amount to much, but the others have, and this most recent one is also coupled with a major broken trendline.

I’m going to try to fight my impulse to cover it and just stay with the trade. I’m still stinging from covering my SSW short on Tuesday. In that instance, the stock fall hard, and I took my profits when the stock was down 11%. Well, it closed the day down 15%, and then it fell another 10% Wednesday, so I jumped the gun.

The other interesting stock I was watching closely (even though I have no position) is Amazon, whose after-hours drop of nearly $40 looked like this:

I’m sure that Yolo Wolf weirdo wishes he’d had puts on AMZN instead of AAPL.