As I expected, the relief rally failed.
Both of my recent shorts, P and KNDI hit my profit targets and I closed both positions. On KNDI my Target was 12. Half the position was covered at 11.88. The second half remainder was covered at 12.70 after the 9EMA was touched-- it was my stop following the move down and it tracked very well. But if I used a 10 EMA I would still be in. This one is probably headed lower
P, Took out a very nice profit in one day. There was more down side left but ... I suppose I was too quick on the trigger. But after +2.22 move the profit was too good to pass up. No regrets.
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