This was a forced trade and a mistake on my part. There is no set-up here and I was just looking to make up some gains as I have always thought of YELP as a short after earnings last Friday. Obviously, this was a not a short candidate today and a trade that could have been easily avoided upon further analyzes. I need to trade what the market is telling me instead of constantly thinking about how much I have lost or gained so far.
Execution detail:
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yooo if u short it while its pulling back then its just gonna bounce.. just like when u chase a buy it pullback