Covered $MEET to Close the Trade

Today was a good call from yesterday’s game plan. Actually, during trading hours it moved up, not significantly but, more than I thought. From there though, it just stayed in range the rest of the day. The significant move was in after hours after the ER.

Closing Scorecard
In after hours, after ER, it exceeded my target and I covered it to close the trade.

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Short $MEET Day 20 Analysis

Today was a bad call from yesterday’s game plan. I thought the bulls had some fight left and the right shoulder of the HS wasn’t quit done yet. Apparently I was wrong. Yesterday might have been the top of the shoulder and today it went down and broke the neckline. Bad call, but good day to be short.

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Short $MEET Day 17 Analysis

Today was a good call from yesterday’s game plan. Yep, it showed some strength in the morning, but gave it up by the close. Just as the doctor ordered.

Weekly Scorecard
This week it fell out of the up channel it had been trading in.

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Short $MEET Day 12

Today was a good call from yesterday’s game plan. It was weak as expected and not only moved towards the lower channel line, but hit it, even going slightly below.

Weekly Scorecard

I covered half my position this week which changed my cost. I reassessed this trade because I called it way too early. I set the new LPSY at $5.50. A move to there and I will probably add to the short.

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