It felt like a chase but the main idea was the 220 breakdown and it was in a non stop downtrend. What pushed me to short was seeing the leader AMC panic first. I noticed it was trying to hold and uptrend so I got out for that reason. Twice as shown in the photo it tried to regain 220 making it a confirmed breakdown. It had the nice downtrend to 210 and the good thing was my tiny position. I am exploring options as this would have been much more profitable using a put.
Newsletters:TimChallenge
Broker:Schwab
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Date | Price | |
---|---|---|
Entry | 6/15/2021 | 217.31 |
Exit | 6/15/2021 | 217.25 |
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