Previous day broke high of day. Coming into the friday PR is out shorts might be in trouble but then Entry 40,000 shares 3.18 when you saw big bids but no strength or follow through right near the market open. Risk previous days high 3.30. Cut small loss on bounce on air. Reshort 10,000 shares 2.90 held overnight. Next day big gap down no signs of strength. Day 3 weird gap up went g/r kept testing and holding 2.20 when it cracks 2.18 immediately bought up to 2.27. Exit 3/5s 2.24-2.25. Cut more
thx tim
Find the Trade size that works for You so you can Think Clearly! Thanks Tim G!
Previous day broke high of day. Coming into the friday PR is out shorts might be in trouble but then Entry 40,000 shares 3.18 when you saw big bids but no strength or follow through right near the market open. Risk previous days high 3.30. Cut small loss on bounce on air. Reshort 10,000 shares 2.90 held overnight. Next day big gap down no signs of strength. Day 3 weird gap up went g/r kept testing and holding 2.20 when it cracks 2.18 immediately bought up to 2.27. Exit 3/5s 2.24-2.25. Cut more
in the 2.30s. Covered rest 2.36. Avg cover 2.30. Amazing patience. Dont let early losses discourage you.
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