EYES just looks so mean to me, with all these shadows all over the place. hard to control a trade with big gap between limit/market orders.
EYES is a momentum stock we have been traded for some time now. It is always hard for me to trade it because of that big bid/ask spread, but sometimes I decide to go for it.
I covered the first short trade quickly because I thought it was going up and it did go up 20c which I could not afford with my 300 shares/trade rule and $30 max loss.
I was able to catch the next decent short setup as it was curling under the EMAs.
Execution detail:
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