Stop: 98.60$
R: 3
Madscan Volume Spike
Decent Scalp. $GILD flushed to new LOD into multi day support on the daily, but quickly remounted old LOD at 98.70$
I got in at this price with a fixed target of 99$ since this was the level, where shorts had their stops. As soon as they where triggered, stock tanked.
Execution detail:
-.- I know...If I had any method to find trades like this short, I would love to take it. But even now, I don't know the sector, float. It just popped up on my screener and I took it.
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Better trade was the short.