Parabolic moves in stocks sometimes retrace 50% of their move. Everything about this short idea technically is screaming don't do it but its worth looking at the other side of the trade. Stop @2808 Entry @2752 Limit @2585 . P.S This is a risky trade.
Trade closed: stop reached
Looks like Im out for -1.5% loss on this short, and no I will not be covering this short because I'm long 
DCP from 2400c
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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.