$539 Profit
XXIIShort Stock
Airhalbert23

$XXII biotech runner spotted on intraday scanner near end of July, then trading volume of 8M-10M shares daily. I closely tracked July 31st selloff, but the stock continued to show higher lows on the daily chart with high % of the float short. Aug 4th - short squeeze w/ volume pop for clean breakout - Once past $2.50 I was thinking $3 waiting for the first major selloff. Started short into 8/7 morning spike pullback, entry $2.71 on VWAP snap, risking off $2.85 HOD - hard pullback under $2.50

000

DatePrice
Entry8/7/20172.71
Exit8/9/20172.22
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  • Position Size1,100
  • Percentage18.08%

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