The stock likes to trap longs chasing breakouts, therefore I decided to short the top of the channel for a cover at $14.00 support. Worked.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-04-27 11:14:47 | ALDX | sell | $14.450 | short |
2021-04-27 11:31:51 | ALDX | buy | $14.110 | 0 |
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