-$64 Loss
NUGTShort Stock
IamLimonada

This company which gets negatively affected by gold price increases, had been crashing the past two days. This morning it had a panic. I decided to short it at the first panic's consolidation period once the stock comes back up to test it. It did what I expected and bounced off the resistance. However, the stock exhibited a higher low and a few minutes later, squeezed all the way back to test R/G. I cut my losses once i realized the stock was being bought up. I should have shorted at R/G instead

000
DatePrice
Entry3/27/201510.26
Exit3/27/201510.4799
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