day 5 of spiking with $7 LT resistance playing off of from Dec '17. Got short when the high $5's were holding ass resistance, but this company is a PR machine, and kept spiking stock. However, each time spikes got smaller and were sold into. 9/11 8M topped out at $5.60ish.
LT Short call but learned that I need more premium as this was underwater a few times with junky PR's being released what seemed like daily. Need better setups like spikes failing near key resistance or 3-4 G days in a row without a significant catalysts.
10th trade of 100k challenge This was a swing Idea that I had, I thought shorts would get trapped and SSC would have a multiday breakout from Tim Grittani's DVD. But it didn't happen and broke my risk. Still happy with the trade. Full recap here: https://dailyzentrades.com/blog%2Ftrades/f/9th10th-trade-of-100k-challenge-091118--147-biggest-loss
