Tags:
Afternoon fade, I was targeting a move down to 3.7-3.6 ish, thought that there was enough room for us to get there. The news was blah IMO, no financial terms disclose, company is not profitable at all, at most I thought that this news was worth maybe 30-40% ish gap. I didn't get to participate in the morning reversion trade which I thought was the best opp today in this name, it just didn't really give me a proper structure to get involve. Also. I think that I could have start to short earlier at 4.2, there was clearly a change in character in the way that this name was trading, I had little conviction so I took it off quickly but starter size with 4.3 stop was fine there IMO.
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!