Shutterfly the provider of online photo printing services posted better than expected earnings and rallied 8% today. This move put it over the $26.00 resistance neckline and the 50 day moving average. With 20% of the float short we could see a move over $30.00 in coming weeks. With a stop at $24.50 we have limited downside on this trade.

Elong (NASDAQ: LONG) made the classic head & shoulders pattern shown on the chart below. Breaking below the $16.50 neckline this week, eLong looks extremely bearish. The Chinese online travel service provider announces earning February 18th. Although we missed the original move lower, eLong may provide a short term bounce for a short entry near the neckline. The China based online travel company is in a sector seeing huge growth.

Three growth stocks are on top of a list of short sellers most hated stocks of 2010. With gains amounting to over 300% year-to-date, Netflix (NASDAQ:NFLX) , OpenTable (NASDAQ: OPEN) and Chipotle Mexican Grill (NYSE: CMG) have been a nightmare for short sellers this year.

I-shares 20-year Treasury Bond Fund (NYSE:TLT) and Green Mountain Coffee (NASDAQ:GMCR) showed up on today’s stock chart scans. The much hated Treasury Bond Fund shows an upsloping channel with steady support near $102.50. Green Mountain Coffee displays a megaphone chart pattern with $24.75 support and $32.50 resistance.

Today’s chart scan targeted Visa (V) and Ultra Long Treasury Bonds 7-10 years (UST). Visa has been very weak as of late on concerns of congressional legislature capping debit and credit card fees. Downgrades are sure to come as Visa approaches major support levels. Ultra Long Treasury Bonds (UST) chart has been strong with multiple touches of the upsloping support line. Watch as UST resolves its bullish triangle pattern.

Today’s stock chart scan highlights Yum Brands (YUM) and Direxion Daily Small Cap Bull 3x (TNA). Yum displays a great chart with a clear neckline. With recent trading activity YUM has held up very well, despite overall market weakness. The Direxion Daily Small Cap Bull 3x (TNA) shows a possible head with double shoulders pattern. Last Friday’s candle (08/20/2010) made a low which touched the neckline of our head and shoulders pattern.

Poor personal loan portfolios in a weak economy equals a lot of trouble. Couple that with a presidential administration completely against your specific business model and things go from bad to worse.