Wrong analysis: Not an exhaustion gap, it was a breakaway gap
Silver topping "potential" action, looked to see which stock was up the most, targeted HYMC. Shorted, was profitable right away, however mismanaged the trade as it tried to take away profit so i closed out the trade for minor gain.
Post closing the trade, HYMC went lower intraday, reinitiated the trade, only for it to reverse again and go higher...
Anyways closed the trade at the arrow day.
Stops otherwise this would have resulted in a massive loss
Silver topping "potential" action, looked to see which stock was up the most, targeted HYMC. Shorted, was profitable right away, however mismanaged the trade as it tried to take away profit so i closed out the trade for minor gain.
Post closing the trade, HYMC went lower intraday, reinitiated the trade, only for it to reverse again and go higher...
Anyways closed the trade at the arrow day.
Stops otherwise this would have resulted in a massive loss
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.