Scalping short DB with cautin
Updated
DB failed to break its previous day's high on friday which leads me to believe that in the following week it should head south towards $13.8. Still don't expect major downside movement as many institutions stand by DB ready to support it and we currently sit at atl for DB. At this point you could trade DB as a "too big to fail" institution and ride the stock up to $15.5 but the timing must be impecable.
Trade active
Benefited from the gap and sold at open, waiting for later today to get some more short for tomorrow.Trade closed manually
I will be the first one to admit it. After that huge pop, the stress was too much. Exited my position for a 5k profit. I will re-enter tomorrow after news.Comment
the previous comment is irrelevant to DB and trading it, sorry.Trade active
If DB breaks resistance I am out and probably long.Comment
After all DB hit my initial target but really delayed.Disclaimer
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