2.7M float/9% short of float/17% institutionals
Stop: 3.26$ 1st entry/ 3.25$ 2nd entry
R: -0 1st entry/ -1 2nd entry
As per playbook, I asumed this to be a runner. After the opening spike, it faded quickly and did not hold. I wanted to short the spike into resistance, but utterly failed to see the basing pattern as well as the fact, that shorts were probably all over it already.
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!