ENVB Trade on Aug 18, 2021 09:31 from blackie_trades: Tradervue User Stock Trades.

The stock was being pumped by Stock Sniper. I noticed the price action slowing down a lot a round the $2.25-$2.30 range. I noticed an opportunity here to go short as I expect a pump like this to fail.

I went short 100 shares at $2.20 after the double top failed on the 1 minute chart. I covered my short at $2.13 as it seemed to bounce or recover into a pump again, so I played it safe. ENVB with a relative low shares float.

I should have sticked to my initial risk position and not worry too much about swings as my thesis was correct. Based on price action of the previous day, a good moment to take profits was the low of the pullback in the after-hours at $1.84. This would have resulted in a 3.27R.