SRPT
Original risk was 30c to make 60 or more if fade to LOD, but it did not.
Friday again, and I like to chill more on Fridays, more from a reason I don't want to ruin an OK barely green week , and have a nice long weekend.
SRPT plan to short 26.70
Partially out twice , did not have the fade I expected it to LOD
NOTE: When the prev daily candle is a red candle and today's open is above the high of the prev red candle, that means there is a total turn around of momentum and trend. This may continue much higher, So stop loss is essential when shorting today, unlike shorting the HPQ the other day , when I felt comfortable to wait till EOD on that short. SRPT could have easily been a runner to way over $30 today. But I took my chance based upon my signal to enter , and the plan as I tweeted the plan and the expectation on this trade. If trade doesn't do what I expect , there is no reason to stay in it , and to disobey the stop risk.
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