Was looking to short in to the initial strength and then see failure at $44. The first trade was a poor decision in not covering half at the $44 support and waiting to see on remainder. Instead I was stopped at near break even then had to reposition on the break. It was a positive to retrade even though I had been out of it but I had a great spot and needed to manage the trade better. Bounce back to test VWAP and $44 resistance I took a short and covered in to wash. Then the next push to resistance took another short but waited for more wash out once again and had a poor cover spot. Need to be more aggressive and pay myself when money is on the table.
Execution detail:
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