HEAT Short Cover

At The Moment I'm Out Of HEAT

I entered my last short position at 10:36am with an average price of $7.45. At 12:47pm, I covered my short position in HEAT at an average price of $6.40.  The following 2 minute and 5 minute chart's show the slow stochastic indicators that confirmed my decision to execute my short cover.

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HEAT Great Short Trade

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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Trading HEAT Is Making Me Crazy :)

Is This Trading on Rumor, Fact or just plain Vapor?

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