This gapped down below daily support and kept falling in the preamrket. All the EMA’s and VWAP are coming I going to short if the VWAP rejects.
I was correct on my read this trade, I used more size. I covered when the stock got to the premarket lows . I watch the stock after I covered and it came back up to the 35.80’s before pulling back a second time this pull back broke the premarket lows. Next time I see this I’m going to reshort.
