Had a really good read on this on this day. Was able to spot weakness in inter-positions accordingly. This was the third day since early and it’s just been gradually pushing back towards consolidation point before earnings.
I knew going into this that I wasn’t going to hold a position all day, very happy with my exits on both please. Did not overstay my welcome and hit bottom almost on both exits.. Overall this is exactly what I like to see for myself, not becoming married to the chart but just reading the tape. Intraday shorts on a name like this within a markets such as the one where in, it’s best not to get married to the idea of a complete breakdown
Execution detail:
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