Today I decided to test out a strategy I've been tracking and I made the boneheaded mistake of shorting at the worst possible time.

I shorted 100 shares of $WATT @ 15.27 because i thought the morning spike was rolling over. Nope, it was a bullflag. I should have known better but FOMO kicked in and I shorted anyways.

A stock that gaps down this huge is likely to bounce a lot and until it breaks trend, the top is not in. I had to cover two minutes later @ 15.66, the dead ass top of the squeeze, just to protect myself. 

I have two full pages written out of why my thesis was wrong, but I know what to do next time.