Trade Journal: Short $CZZ - Support Failure - 2/20/2020Recently market weakness made me want to look for and take on some short ideas in order to hedge some of my long trades. I have been stalking CZZ short and long and today CZZ looks like momentum is carrying it to the short side. CZZ has been in an overextended run for the past year and looks ready for some retracement. The 20 and 50 DMA is falling and price is below these two moving average which is a good bearish sign.
Entry - 21.07
Stop Loss - 21.85
Target - 18