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
CostCloseChangeTargetLowTarget%
$5.29$4.6213%$4.70$4.62114%
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
CostCloseChangeTargetLowTarget%
$5.295.035%$4.70$4.9361%
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

CostCloseChangeTargetLowTarget%
$5.295.251%$4.70$4.9648%
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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