Flat trade. It was at support and looked like it was holding. I was already up for the day and I wanted to protect my profits, so I took a half position. Stop was 7 cents away at $13.79. RR 2:1 target was $14.01. After the initial move I got stopped out at my buy price. Eventually the stock reached RR 3:1 at $14.08, but I missed out. At least my reasoning was correct.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-05 13:28:00 | HALO | buy | $13.870 | long |
2015-02-05 13:52:00 | HALO | sell | $13.870 | 0 |
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hey if the buy price is just a few pennies off the support price or last low put ur stop under the last low
13.84