
Failed reversal, short % seemed high enough I thought it may retest .75 before dumping. Been in a bit of funk the last few weeks and took a small position to try and get momentum going again. I'm noticing these sub $2 stocks typically are not reacting to reversals as higher priced stocks do even if volume is there. Thinking of changing strategy to break outs/shorting sub $2 only and reversals for $2+. I will take some time to paper trade this technique before committing to it.
| Date | Price | |
|---|---|---|
| Entry | 9/9/2016 | 0.66 |
| Exit | 9/9/2016 | 0.59 |
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- Position Size1,000
- Percentage-10.61%
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