-$28 Loss
IShort Stock
ryan_trader87

saw this had a 30% move already late day, it seem to struggle around the $4.50 area so looked at the multi year chart i noticed there was some resistance around $4.60ish. Took a short position at $4.55 with my risk set at $4.67. it ended up running up to $5.15 so cutting my loss makes this a good trade. I was just to early as $5.15 was the top and it dropped as low as $4.30ish late day so i was on the right track just a little early. Should have never tried shorting an earnings winner on day 1

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Broker:SureTrader
DatePrice
Entry2/27/20184.55
Exit2/27/20184.67
  • Total Views135
  • Position Size200
  • Percentage-2.64%
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