Avoid this Bull Trap

When learning how to trade, you sometimes make some blunders. I was looking at the funadamentals of Boise Inc. (BZ), and they looked good.

The technicals of BZ, however, deteriorated in a hurry. I got caught in an ascending wedge, a bearish pattern that breaks to the downside.

Boise had a long ways to fall (24% in 8 trading days), before it (hopefully) found support.