APR:LSE Closed for a small profit

I have closed my APR:LSE short trade today for a small profit.   The price hit my first target yesterday but the action has been minimal since I opened the trade and the Company is due to issue results on Monday of next week.   I don't want to hold my CFD position open over the announcement so have taken a profit while I can

POLY:LSE Trade Closed

My POLY:LSE trade hit my first profit target on Thursday so I took half of my trade off and moved my stop to break even.  I was subsequently stopped out at that level.   Net result is a 1:1 reward to risk on half of my trade and scratch on the other half, giving me an overall 0.5:1 R:RR

New short trade APR: LSE

I've entered a new short trade on APR Energy this morning. (APR:LSE).  This is another stock which came up in my "overvalued" scan.

It suffered a massive gap down eleven days ago and has since recovered to the 50% retracement level but has now backed off from that.

I've gone short with my stop above the 50% retracement level.   My only concern is that at some point that gap should be filled....but it is a massive gap and sometimes gaps of this size can take years to fill.

We shall see.

New short trade POLY:LSE

I've entered a new short trade today on Polymetal (LSE).  I entered at the open this morning as a result of this stock coming up in one of my scans as being very overvalued on a fundamental and technical basis.  In a downturn, I expect these stocks to fall harder than the general market.

You can see that there are two clear down trend lines on the daily chart.  However, I expect some resistance at the 900p...but after that my two targets should be achievable.

In fact, as I write, the stock is down 2.3% from my entry which was just over two hours ago...Ah..if only they all fell like that when you are short!.