$GRPN Trade Review – Shorting Earnings Breakdowns

Here is a short trade we made in $GRPN last week. This stock popped on earnings and immediately started to fade. Once it became obvious, via the chart, that the pop wasn’t going to hold we started to look for a setup intraday to short it.

We entered at $13.69 and added more to the short at $13.61, covering our shares at $13.18 & $13.08. We then reshorted the stock at $13.05 and covered our shares at $12.51.

If you want to learn how to short stocks like a pro, let me know. kunal@bullsonwallstreet.com

[screencast url=”http://screencast.com/t/8ULTIi6CLG” width=”” height=””]





Stock & Option Software used by Bulls on Wallstreet

Social Media

Related Posts

Stop Guessing.
Start Trading.

Secured Checkout Providers

Don’t Miss Out

Pre-Market Live-stream

Tuesday’s and Thursday’s at
9:00 AM EST.

Connect With Us…