Open Table (OPEN) Defined Risk For A Short

Yesterday I blogged about OPEN's weak price action (http://steadytrader.wpengine.com/short-opportunity-in-open-table-open/).   While there is support at the $103 mark, yesterday's sell-off left an ugly looking outside (engulfing candlestick) bar.  I am putting this short in bucket 2, specifically with a time-frame of no more than 3 days as I am looking for some follow-through of yesterday's […]