Shared by
GJ_Trades
Float: 7.2M
SSR!
Htb
Float rotated multiple times!
I screwed up on my cover on the first short and shorted the bottom as a make-up trade Scaled all the way up towards VWAP and had no shares left to short 3.20 and got stopped out. Reshorted immediately, because I was sure the first reclaim fails due to the fact it was an artificial move. Added at $3.00 (kind of chased) and covered within the stuff candle. Reshorted small pops into resistance.
--> $35-lesson on “never short the lows”
--> Again: The stock needs breathing room. No need to scale in with tiny size between major resistance lines. Where is your thesis no longer valid? $3.50. --> There is your STP
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-09-25 09:42:46 | SGBX | sell | $2.780 | short |
| 2020-09-25 09:43:41 | SGBX | sell | $2.880 | short |
| 2020-09-25 09:44:02 | SGBX | buy | $2.820 | 0 |
| 2020-09-25 09:46:11 | SGBX | sell | $2.560 | short |
| 2020-09-25 09:48:04 | SGBX | sell | $2.730 | short |
| 2020-09-25 09:51:30 | SGBX | sell | $2.880 | short |
| 2020-09-25 09:54:43 | SGBX | buy | $3.210 | 0 |
| 2020-09-25 09:55:41 | SGBX | sell | $3.170 | short |
| 2020-09-25 09:58:34 | SGBX | buy | $3.000 | 0 |
| 2020-09-25 10:00:02 | SGBX | sell | $3.015 | short |
| 2020-09-25 10:03:06 | SGBX | buy | $2.678 | 0 |
| 2020-09-25 10:21:22 | SGBX | sell | $2.370 | short |
| 2020-09-25 10:22:58 | SGBX | buy | $2.250 | 0 |
| 2020-09-25 10:26:59 | SGBX | sell | $2.290 | short |
| 2020-09-25 10:30:39 | SGBX | buy | $2.230 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!