SPR Short swing trade

Monthly chart showing exhaustion. But this is just a quick trade for about $1.50.

Note

After 5 days, no change. But chart still looks good. I'll give it two more days to reach 85.5 level.

Note

Okay, two days is up and still holding. My Stop is 87.41. My Target is 85.5. Whichever gets hit first wins.

Note

Covered half at my 85.5 target. Waiting a little bit longer (still needs to fill the gap) to cover the rest.

Note

Covered the rest on Friday at the gap-fill price mentioned. Stock is going to be falling further very soon. Looking to get short again a little higher.

Trade closed: target reached

I never got back in this... fortunately.

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