PLM Trade on Sep 4, 2020 10:18 from Trader216: Tradervue User Stock Trades.

On the first attempt to short I ended up stopping out where thesis was proved wrong (Prior High) On the first attempt I thought I noticed a lower high on the lower TF as well as a break below the 13 ema on the 2 minute. The stock did not break down below the 13 ema on the 5 minute TF, started to base and break the prior high in which I stopped out for small loss.

On the second attempt, volume came in. I felt the stock was slightly overextended looking to return to the mean, in which I started to short risking $4.50. Heavy red prints confirmed my thesis.

Covered prematurely. Should have waited for the pullback to the 13 ema. Next time scale out leaving a piece on for a further wash. I wanted to lock it in.

Trend was bullish. HH/HL. Held the 13 ema on the 5 minute. Look to play the long as well. Wait for backside to really hammer the short.