Hi Rembrandt.Yes,you're correct ther alright. Stock still has great fundamentals and should break $2 again shortly. I have not traded this stock since my long exit just below $2 and don't intend to.
As I alluded to in my first post on the subject I generally do not enter any trade (short or otherwise ) unless I have a WEEKLY close below my reference point....a system that would have served me well here if in fact I intended shorting......it would not have happened.
Cheers,
Ed.
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