Final trade of the week, is something that I just needed to get out of. This play falls under my OVER EXTENDED GAP DOWN SHORT pattern. There was no news, but the company had a massive two day sell off with the last day being a slight gap down. So I knew going in to this that this could be kind of risky, but I was aiming for a continuation sell off.
*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.