-$24 Loss
CEMIShort Stock
Jariaya

Observed bouncing off support level at $5.47 4 times. After the 4th, it went up over VWAP and made my entry at $5.76 and it broke out over resistance of $5.80 in AH. Had a small run up to $6.10. SHOULD HAVE SOLD THEN. Was anticipating another move up due to 15 day and 15 min charts looking good and possibly another next green day. Consolidation was around entry, so wasn't worried. Then at approximately 1715 hours, support was broken at $5.47. CUT LOSSES at 6%. Wasn't making a recovery.

000

DatePrice
Entry4/5/20215.76
Exit4/5/20215.39
  • Total Views48
  • Position Size65
  • Percentage-6.42%
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