$198 Profit
BTUUQShort Stock
A day trade as Shorting is my forte. Stock just dropped from $14 to $13.50 and created a bearish Gap on a 2 min chart. Candlestick Pattern - A bearish Gap that acted as Resistance and the stock made lower highs and lower lows. Support was at 12.50 where I covered. It didn't break below 12.50 as it was a friday and not enough volatility in the stock. Confluence of candlestick pattern and support-resistance.
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 11/11/2016 | 13.50 |
| Exit | 11/11/2016 | 12.495 |
- Total Views195
- Position Size200
- Percentage7.44%
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