We're in fuzzyland now. Just don't bet all of your account on it.
I took 50% off the table at 70. Rest around 80. I don't know how much this'll shoot up...
First, the price went below my adaptive MA. Second, the pullups after the slide from 40s down to 1.29 were lower in volume.
Calling the short was easy, now the real difficult part is how much to trail, where to take profits!
Today's lesson for short-term traders: Don't fall in love with a particular direction.
I caught most of this last fall. I scaled out half after +8 tick profits then trailed the rest. Perfect trade for me. Usually I go for all at once without scaling which screws things up.