
Entry comments: HNGR jumped from $2 to 6.90$ in couple of weeks. Last 3 days it couldn't break $6.90 each day.and the low was 6.47$ so it's been in that channel of 6.47-.6.93. Today the volume is low, it's been red all day and I shorted it on a brink of a b/d. I should have waited for a breakdown to be confirmed.
Exit comments: It faded nicely all day to 6.20s, but then since it's friday squeezed at the close. I covered half of my position in the 6.30s. When it turned r/g at the close I exited for a breakeven. My only regret was that I didn't turn my position to long since I kinda knew it would test b/o level at 6.90 which held at the end. i would go long if it broke 6.90 but it didn't
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 3/16/2016 | 6.49 |
| Exit | 3/17/2016 | 6.482 |
- Total Views133
- Position Size600
- Percentage0.12%
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