And Out

Stopped out. And stock popping. I was short in, and had a chance to scalp out of what became the "punk out" candle; the long tail designed to trip stops and or sucker new shorts in before the big dogs quickly reversed it back up. There are a ton of shorts howling because they thought price would really drop on the punk-out candle. Hmmm, will price come back down to retest that area? My intuition thinks yes. We'll see...