Trading Recap 1/2/15

Only had one trade today due to not paying attention that much to the market because of the holidays. There were more plays than I thought there would be in the morning like LINE.

VGGL: After news hit the stock spiked up and so I waited for a possible short. 3.30s were the line in the sand for me and so once it broke I went short. However, the stock had higher lows and it looked like an ABCD setup, so I sized down the short and decided to go long after a break of the resistance. I went long at 3.38 and sold into the pop for a quick gain.