$21 Profit
GLMDShort Stock
bldavis

Stock was up a lot premarket yesterday and I was hoping for a crash and dip buy, but the stock held support all day. This morning I noticed signs of weakness and it began to slowly break down. It didnt crash, instead it started slowly heading down. I decided to short once it convincingly broke support. I rode it down and at one point it it 15.76. It started coming back up and bounced around 16.10-16.20 area. I noticed it getting higher and was fearful of a bounce so I safely exited.

000

Broker:ETrade
DatePrice
Entry6/13/201816.65
Exit6/13/201816.30
  • Total Views10
  • Position Size60
  • Percentage2.1%
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