Trend identification tools confirm down trend.
Daily MACD-Histogram has just ticked down.
50d SMA has been a reliable resistance in the past.
Outcome:
9 Dec: Opened SHORT at $9.58
21 Dec: Covered at $8.82
Reason for covering: Stochastic oscillator bullish crossover signal in oversold zone on 20 Dec.
Profit $0.76, 7.9%
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