Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Shorting stocks: Indicators that a stock will drop?
First, it's much safer to be shorting stocks over $5 than stocks under $5.  I use 3 indicators to show that a stock has topped out and about to drop. Key is the timing cause the initial drop is often the biggest. More close you get in at the top, the higher the risk. Using 1D Charts ONLY:   - MACD Indicator:  I use the histogram, when it reaches a peak height, and the next day it is down 1 "Step". If you wait til the MACD lines cross, you are pretty late IMHO.  Need to get in earlier. Timing is everything.   - RSI(15) - Needs to topped out and above 67 meaning, "Over bought"  - Do not buy when RSI is high above 70. Often stocks go on a Run up when RSI is over 70!   - I use Stoch RSI or CCI to confirm my status on RSI. I like to see that all 3 indicators agree. This gives me a 75% chance that the stock will drop. It may take a day or 2.. so you need patience.