02/10/16 Trade status for $KS. I saw this ticker on finviz.com as pretty beatdown.. It on my watchlist for setup to play.
Pattern use: short on fail support level.
I draw the line at $11.00 for multiple support. If it fail that line, I will start in short. I start in initial short as it $10.98 but it ramp so I cover. I watch again if it fail that $11.00. I start in another entry short $10.87. This time work great and patience until 3:00pm, I saw big green candle from $9.70ish to $10.00 so I cover for $0.87 profit. Done for the day...
Trade less, profit more...
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