I was flipping through the go to stock list and saw SWKS on a huge run with very little/light pullbacks. I looked at the daily chart and looked for resistance levels. I noticed it was getting close to resistance on the daily and shorted on the first sign of weakness. It was so over extended and close to resistance so it reacted strongly and fell pretty fast. I covered some pretty early to lock in a gain that would make up for some of my CREE loss. Then I let 100 shares ride and it just tanked. I covered my last bit on the base it made. I wish I had more for the last flush, but I still think this was a great trade for me.
Execution detail:
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great short!