making the case for shorting steel

steel has been one strong sucker lately, but i believe we can see some cracks in its armor (no pun intended). please consider the following and then get back to me... thanks.

AKS

• first check out the crappy gapping around here at the top in the red circle. tops are often plagued by squirrelly action like this
• for the last few days or so, notice the negative divergence between price and volume - as price is gapping up, the volume is decreasing
• with an indicator like rsi, we like to see the rsi go up with price, and a divergence like in this case often signal tops, or temporary tops before pullbacks, corrections, or what have you

ATI

• check out the red circles - they show ATI making a new high on horrible volume
  
• the blue circle shows that same crappy gapping
• finally, with both volume and rsi, we see negative divergence with price
  

X

• green circle shows bounce off of short term trend line; however, the red circles highlight falling below that line and then 2 failed attempts at breaking back above it before gapping down
• the purple circles show new high on horrible volume
• don't forget the crappy gapping in the blue circle
• and finally don't forget your negative divergences