-$56 Loss
REEDShort Stock
zzzenzz

Entry comments: shorted on descending triangle pattern and overvalue in past 3 months. Spiked to 7.7 at closing of 10/10. Will get out if it breaks 7.8 - keeping my losses small.

Exit comments: stuck to the rules and got out. later it crashed to sub 7 on 10/12, but spike to 8.50 a few days later. Fake out breakout, but good lesson to cut losses early.

000

DatePrice
Entry10/10/20127.67
Exit10/11/20127.75
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