I've been playing this stock to the short side for the past couple days very successfully. I didnt know where the bottom was and looked on the monthly and saw some support at $33.32 level. I wanted to get long on the potential of a massive squeeze, being that the stock is extremely oversold at finally at some support. I had a nice profit going on the first trade but it quickly reversed and I got stopped out. Tried again at the EOD for another potential squeeze and had to cover before the market closed.
Execution detail:
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Looks like it was tricky. I would've tried the same and failed.