themdtrader

SRUN - Silver Run is Running Down

Short
themdtrader Mis à jour   
NASDAQ:SRUN   None
Stock had sudden momentum push up, and seems to have been let go for a "return to sender" move.
Risky trade here with wide stop to account for shorts who intend to cover.
Need to stay in if the trade happens to work out.
Stop at 10.65
Target at 9.98
Trade fermée: cible de profit atteinte:
"Back to sender" move indeed.
Not very confident downward momentum will hold through, but let's see what happens.
Profit-taking is good; take profits.
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