I knew there was momo in this stock and saw the huge red candle to start the day on heavy volume. I waited for it to flag for an entry and my initial shorted at the right spot, right at the 9ema resistance. Covered half on the initial flush and the 2nd piece when the stock was oversold on the stochastics. Tried to short is a couple other times into pops and was conscience of the $42 support level that didnt crack. I had to cover as the stock regained the 9ema.
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!