Closed SA short

There might not be much follow through on the long side.  The short side has fared much better either. SA looked like it was about to fall off the table on Friday. Today it popped back into consolidation.  I took a small loss .27.  I sized this one small given the level of selling in the gold sector so this did not hurt badly .28R  

This is the type of Risk management I need to have on all my trades. 

Opened Short SA

SA broke out of consolidation to the downside. I entered a short position at $7.75 . This is essentially a mono burst setup to the short side.  What I like about it is that the 10MA held... The 10 has tracked the move both to the upside and the down side really well.  based on prior history a multi-week 15-20% move is possible if not likely.

Entry: 7.75

Stop: 8.07

Target 6.75- 7.05