Hypothesis: When I saw SGYP fading from the beginning of the day I decided to put it on my short list. Once it cracks the key resistance line between 8.20-8.15$ I am going to short. Because there will be no more big resistance on its way down. Goal was to cover in the 7.70s. Entry: Started to crack the key resistance and continued to fade slowly. Exit: Sold at 8.10$ for tiny profits because I saw it going up again big time and I was afraid of the short squeeze.