$22 Profit
XCOShort Stock

If you look at the daily chart, its a down-trending stock,. But I was shorting this way too early @2.10 and the stock was spiking all the way to @2.81 and it came back down to the support @2.25-2.30, it held the support there for 4 days before it crashed. It was scary to holding the short because the ER was scheduled next week 8/1, oil/nature gas price seems like it will rebound, and it held the support there. I was almost gave up and cover all my shares when I saw it hold the support @2.25-2.30
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 7/19/2017 | 2.10 |
| Exit | 7/27/2017 | 2.05 |
- Total Views192
- Position Size715
- Percentage2.38%
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