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The first observable pattern on the three-year chart is the breach of the uptrend line in January of 2014. The break announced that the advance that began in late July of 2012 had run out of gas and that investors needed to make a decision on how best to proceed. In November of 2013 the MACD and the RSI signalled that the shares had become overbought which served as an early warning that the uptrend was at risk. Also worth noting is the topping pattern of lower highs and lower lows that occurred from November 2013 into January of 2014.

In addition, POW has broken below the 50– and the 200-day moving averages. All of these patterns put a caution flag on the track from where I'm sitting in the grandstand at Talladega Raceway.