Kicking Half Off the Flight; Chess Moves

I just covered half of my AAL short at $48.94 from the $53.59 entry noted here. I moved my stop-loss to my entry price. This is more "scaling and trailing" winning positions, as is my style. I still believe the airlines have more downside. But given how volatile the market has been, and how resilient bulls could easily still be, I am going to lock in gains along the way lower. AAL is back down to its 50-day moving average for the first time in a while, as well as near its lower daily chart Bollinger Band, which are also reasons to take some partial profits on the short. I am still short UAL, as well, in the airlines industry. UPDATE: I also sold TZA at $12.99 from my $12.89 entry yesterday. I will step aside from index shorts for now with the market bouncing.