This was a nice call by Kunal. He saw that the stock was fading and waited for it to slip under it's MA's and then shorted it. Took a little time to develop but it made a nice run down. I nailed the selling of it. Selling half at it's first 5 minute candle pop, then selling out the rest pretty close to it's LOD.
One other note, I think this position sizing was pretty damn good if it were a live trade. My risk tolerance was pretty good with this, being my stop at it's highest was 3.39, a $48 loss. My profit on this trade was $99, so pretty much 2:1 R/R.
Note- I mistakenly shorting an additional 300, meaning to cover my position instead at the end. I've done this a few times, I think once I make this mistake enough I'll be more conscious of it and will be less prone to do it.
Execution detail:
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