I thought it would be good for people to be able to get opinions/ask questions about either trades they are currently in or looking at getting into.
I am a beginner who is running a simulator. The first one I'd like to get advice on is the following: PDN.
I shorted this one in the simulator on Friday for $4.73 and it has fallen 16% on volume which is over 7 times its 21 day moving average.
If I closed out now my profit on this position would be 5R. I haven't encounted a chart like this in my brief time simulating.
It is best to exit out and take the large daily profit? Does a volume that large ring alarm bells?