I have to be honest, this isn’t a stock that I regularly watch so i never would have caught the move but I saw a post where Ryan Mallory had played it one and I checked it out.
I wanted to post it here to show a picture perfect move of my style. It both gets you into the trade and gets you out.
Sell short (if shares are available) with a stop order after the blue line and after it breaks the low of the day.
Buy it back when the 30 day moving average puts you on the other side of the green line.
Good for a 1.4 % gain!
