Stopped out. Too bad because it made a decent rally off its lows. Would I be surprised if this hammer sparks a rally no. Do I care? no. I traded the plan.
This had held up well. But today my stop took me out.
Sometimes I surprise my self and I decided to play YOD long... I know right. But because the volume and amount of price % of the move, I though there could be more here. Turns out there Anyway the thesis was that this stock typically has rallies that run 2 days and then get smashed. I figured I was still early. So bought with a tight .20railing stop. Nope this got faded. I should have stayed to my short bias but oh well. I've taken enough money out of this stock.