-$425 Loss
EBIOShort Stock

Entry: As this was double topping at $1.30 at the open from PM highs, I shorted with the hope of this getting back down to $1. It dropped nicely under $1.20 and then started spiking quickly. It went straight past $1.30 which was my risk and headed towards $1.50. I tried to see if this could pullback a little and it just kept running. Exit: After already breaking all my rules, I got out at $1.45 as it wasn't showing any signs of a major pullback. Chart reminds me of what it did 2 Fridays ago.
Broker:ETrade
| Date | Price | |
|---|---|---|
| Entry | 5/4/2016 | 1.28 |
| Exit | 5/4/2016 | 1.45 |
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- Position Size2,500
- Percentage-13.28%
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