I entered this one after the pullback base, but I held on just a bit too long.
I saw this one breaking its consolidation/ support zone and rolling over so I entered a short position. I sold half into its first big candle and lowered my stop where my position finally got closed out at. That was only because I had to leave to meet someone at 11 and they were over an hour away. Otherwise, I would have caught the last dollar drop too.
Now Kunal entered it a few cents lower but he entered it right before it broke down.
KUNAL, WHAT DID YOU SEE TO LET YOU KNOW IT WAS A SHORT PLAY???? I need to know, so that I can better understand what to look out for.
Execution detail:
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i like the idea here. this was the right move.