I had $KBIO on my watch list on for a short play because it gapped up into previous price support on the daily. I almost got in on the pullback to the 9EMA and I'm glad I did not, because it ran up to the VWAP and almost broke. When it faded off the VWAP and gave the shooting star candle in the 3min, that was the confirmation I needed to take it short. Sold half at low of day, then sold the rest when it broke over the 9EMA.
Execution detail:
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