$441 Profit
ACHNShort Stock
Strategy: Short p/m gap up. Earnings loser but A/H PR 08/08 caused 25% spike. Intended to dip buy due to large shorts a/h-p/m but chickened out @4.50. After morning spike it dipped below VWAP/multiweek res 5.21,tested it and failed. Changed to Short strategy @5.17 with fluff PR, failed spike & bagholders catalyst. Main worry,rarely left top wick on daily,today left huge top wick as baggers got out,shorts squeezed in morning spike and profit takers=all day fade.Covered prior EOD squeeze
Broker:Interactive Brokers
| Date | Price | |
|---|---|---|
| Entry | 8/9/2017 | 5.17 |
| Exit | 8/9/2017 | 4.7199 |
- Total Views331
- Position Size1,000
- Percentage8.71%
Proof
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