This could have gone bad fast, decided to make a play on NBEV. I had a tight risk of $4.60 and shorted at $4.56 took quick gain when it started to bottom and definitely wasn’t a bad idea. This one consolidated and decided to go for a bit of a run this afternoon. Took quick gain in paper, but not a recommended trade. Bigger and safer moves at the bottom where I covered as volume starts gathering before it moved into $4.70s. Should have reversed this position on my cover and held long a bit. Always a lesson and something to help me improve and grow.
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