The P (Pandora Media Inc) short trade has hit the final target (which was revised from T3 to T2 last week) for a 25.3% gain since entry. Although there is a decent chance of the prices continuing to move lower to the bottom of the Sept 12 gap, which is where the former T3 target was located, I no longer feel that the R/R is clearly skewed to the short-side at this. With prices having kissed the top of that gap this morning, the odds for a bounce are decent. The P short trade will now be moved to the Completed Trades category.
P daily April 28th