TradingView
chinawildman
Jan 7, 2019 5:21 PM

too fast, too far Short

Chipotle Mexican Grill, Inc.NYSE

Description

Going close to parabolic because Jerome Powell said the Fed will be "patient"? Gotta short just based on principle here at the top of the downward channel...
Comments
fcruz1026
I guess rekt... naturally I would have felt the same, however, I've learned, shorting into strength without laddering and patience is a painful game. I've learned to wait for bearish divergency and weakness in the price action, let it break levels and short the retest
chinawildman
@fcruz1026, Sadly yes... but my puts were out to earnings so still have one more hail mary left in the bag... Still chance for double top here in the next couple of sessions.
More