Tuesday, May 9, 2017

5/9_CLNT

















long initially but huge volume slam down got me sold in panic and flipped short and biased.
















VWAP hugging and relative volume are big red flag for short!!!! But I got position biased and stubborn and failed to realize it. That rip pull rip pull action turned into parabolics just like CBIO a while ago. This is short trap+low float setup!!! The volume is getting stronger. No reason to short!!! I stopped out twice but each time only half and I added to loser so that's problematic!!!!
















Took huge loss shorting in the morning and got chopped through out the day as well. Couldn't control my action !!! Next time it's better to close the PC and stop thinking about it.

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