On 4/4, I announced that we were looking to go short on HEAT. After getting stopped out of my first short entry this morning, I flipped sides for a profit in an attempt to recoup my loss. The overall sentiment for HEAT has been negative this session which has assisted in our short play.
This is my second day trading HEAT and frankly once my rhythm was established, the trading range has made for a nice P&L. If it beaks below $6.60 the stock could see a new low between $6.00 and $6.25.
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