Lunch time weakness. I shorted once it broke down thru the EMAs. Covered some near the opening price. Is this a play that I should cover it all at the opening price?
Execution detail:
I think you did the right thing covering only partial at the opening price in this kind of play. you just never know if it's got further to drop. I think because the 50ma was there to support it right at the same level as the opening price, that helped support it/boost it back up. Good trade.
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Nice.