Friday, 23 October 2015

Playbook Review: 10-22-2015 CHLN

Title: Shorting Float Rotation Opening Parabolic Day 1.

Strategy Description: The real key here is to not step in front of the move too early. When it is up around 100%+ you should begin looking to short the over-extensions only as a starter.

Provided the opening move was steep enough, you are looking for a character change and then short all pops aggressively against the high for a move to sub-vwap. Consider the fact that for it to retrace anywhere near vwap given such an extreme up move basically means all the buyers are pretty top heavy.


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