Yesterday I went short 600 shares STP (Suntech Power Holdings Co.) at $25.77. The bearish engulfing pattern worked out great, so I sold 300 shares at $24.75 for a $300 gain (+4.1%). I'm still short 300 shares, although the stock is showing a little strength this morning.
According to Volume Spread Analysis, a long bullish looking bar bumping into resistance on abnormally high volume is a good shorting opportunity. This chart of NVDA (NVIDIA Corp.) is a perfect setup. I went short 300 shares and have a stop placed just above resistance.