- Bad initial entry short 1 unit HGH2 at 337.
- Sold another unit last Friday at 347 so average now 342 but position is somewhat larger than desired given consolidation within triangle.
- Will try and buy back 1 unit at a small profit and keep just 1 unit short until triangle breakout occurs.
- Sell stop-in below this week's triangle boundary at 331. But it has to happen soon before we get too close to the apex of the triangle. Breaking out near to apex is meaningless.
2 comments:
Paid 3.384 on 1 unit HGH2.
Balance of 1 unit short at 3.456 now.
Do nothing now until triangle breaks.
Paid 335.4 on balance. All SQ now.
Sell rallies and downside triangle break.
Post a Comment