1/2 position sell on big momentum short sqweeze.
My biggest mistake was not taking a little piece short of PRTK when I was watching it the day before this trade. A lot of the Biotechs with horrible long term charts spike, then fail immediately when the real volume comes in. I got a little overzealous and had to cut my first position for a loss, but my plan for the second play worked beautifully. CNST was a fat finger, and PTON was an over-trade as that ticker has been confined to a tight channel.
Stock reached my goal, but got greedy and held on another day thinking it would go further and it didn't.
Stock gapped up to new 52 weeks highs & looked to swing for continuation. Reached HOD of $41.50 today, which I should've taken profits, but got a little greedy.
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