BRCM Short

In the above chart we have a 5 month daily chart of BRCM and on the bottom panel is a chart of the S&P 500. The semis and BRCM have been weak all year...in fact, on this last move up in the market (blue line) BRCM has made a lower high. The stock wasn't able to make a new high with the S&P which I feel is very bearish. BRCM also closed below the 50 day moving averge today..We are short and are looking for a move down to the $27 area...