MOH
This was a good trade on MOH today, I was watching it in the premarket and saw that it gapped down all EMA were of course coming down with it. I made the mistake of shorting to soon before . So I told myself that I’m going to wait and see it MOH was going to shot up to the 50EMA, sure enough that’s what it did once it touch and started to pull back I enter my short at 51.20. I knew there was a good chance for the stock to pull back to $50 so I sat on my hands the best I could.
I was happy with the trade and I took a quick scalp on my next trade for MOH, neither trade was perfect. But the Risk vs Reward was good on both happy with both trades.