🔴 Short $AAOI: entry 119.65, stop loss 120.07, take profit 112.99 (1:15.86)
112.99 is the bottom of that 32% pullback and nobody has tested it since. It poked above 119.99 by just 0.1%, then closed back inside. 112.99 is still sitting there as the draw. In at 119.65, out at 120.07 if the fresh high goes, 112.99 if the inducement gets taken. That works out to 1:15.86. Not chasing if it runs away from the entry.
112.99 is the bottom of that 32% pullback and nobody has tested it since. It poked above 119.99 by just 0.1%, then closed back inside. 112.99 is still sitting there as the draw. In at 119.65, out at 120.07 if the fresh high goes, 112.99 if the inducement gets taken. That works out to 1:15.86. Not chasing if it runs away from the entry.
