Thursday, March 17, 2016

03/17/16 Trade status for $MIK

Thank Dante for a great tweet. Everyone should check him out 
$MIK has a good move today
I start in short at $26.56 as $26.59 risk line break support at those circle below. Its just held $26.50 and $26.42ish for about 20 minutes. I decided to cover because it didn't crack and held that level. I also saw  tweet about this level as well so that give me a strong confident that I just have to wait and see if it break the support and reshort later. 
Overall just an excellent trade decision today to avoid the EOD squeeze. 


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