$CELR $PHA shorts are developing exactly as we mapped them.

The price is fully consistent with resistance, rebounds are being strongly rejected at lower highs, and sellers are still in full control of the short-term flow.

If you hold these short trades at this stage, then it is a perfectly reasonable and correct move to move the stop loss back to the entry level.

The setups are working great, so the cleanest and most disciplined trading approach is to lock in the positions completely risk-free and let them run their course.