I didn’t really make any call; I just held it a little longer, and I didn’t expect it to actually cooperate.
During the repeated intraday fluctuations,
$BEAT fell just short of breaking higher each time. BEAT’s selling pressure was strong, and trading volume was also low. I didn’t chase a long position; I only said that if it couldn’t move higher, short it—don’t catch a falling knife.
From 0.4692 down to 0.0839, the short position returned +1616.48%. I timed it right.
Close 80% first, protect the remaining 20% at the entry price, and let the profits run if it continues falling. Don’t panic ev