This trade was an okay set up downtrend, looking to test lows, with oil falling. Got out when I realized not my style of play would take to long to play out so just exited even.
Execution detail:
shorting these oversold stocks are tricky.. at this point this stock in particular i mean how much downside are u gonna have .. rather find an oil stock or stock in that sector with a bit more room to drop
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I see your setup and was the right idea. This will be tricky to short because it is so oversold on daily chart. Stochastic is at 9.