due to weakness past few days and bagholders underwater I sized in pretty big premarket and covered all before the open due to momo is there then it looked stuffy in the morning so I reshorted risking HOD but it has troubled stayed below $2. Glad I covered 3/4 in high $1.90s!!!! minimized the pain.
I was being polar and thought it would crack and close below the support. Lots of volume coming in!!! Where the heck are these buyers come from I wonder. That $1.28 cover before the squeeze to $1.60 is the star trade of the day, really proud of it although I could do it better. Gave it a chance by holding and waiting waiting waiting but it didn't go down so covered some and left 18k shares o/n with avg. $1.47. My thesis was as long as it closed below $1.40 I would hold it overnight plush EOD squeeze peaked out at $1.47 gave me lots of confidence and early massive seller at $1.50. Stop loss $1.50 o/u tomorrow!!
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