Okay so this chart chopped me up the day prior. Apr 28th they had eanrings and matched expectations. That combined with a beat down chart was the perfect catalyst for this chart to run.
Day 2 Apr 29 was shorts stepping over each other trying to find the top, me included. Attempted to hit it short a few times but couldn't find a solid entry.
Fast forward to this day, SPY was showing weakness premarket and looked to be going red on the day. HOG looked weak in premarket, right at open it rejected premarket/yesterdays highs giving me the conviction to get short, using the yesterdays highs as a target.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-04-30 09:30:17 | HOG | sell | $23.670 | short |
2020-04-30 09:38:23 | HOG | buy | $22.930 | 0 |
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