Trade of the day HIIQ

Ok so those who saw my watch list from last night saw that HIIQ was one of the stocks on the list. My idea for this was purely a short set up. If you read my blog you will see that i had a feeling it could have gone up more but I would not try to short it until it showed me a lower high. And that is exactly what it did today. Here is an annotated chart of what happened intraday