173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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How to Short a Stock at 86
"If I can't re-short it is telling me that something is wrong and there's a lot of weakness here," he says. "I don't want to reduce my position size, especially if I can'tre-short it." He won't buy at 86 unless the price keeps going lower; then he'll take off half his full position. If you're shorting into new lows or momentum, be careful with your tactics.
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