Premarket gapper becoming overextended on the daily so I was looking for a opportunity to short intrday. Shorted on the mini flag brekdown and crossing below the 20EMA but no go. It bounced back but I waited since I had a loose stop loss, once I realized it is a no go I covered and bailed out later during the day.
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!