24M float/17%short of float/no institutionals
catalyst: lawsuit
Stop: 35.80$
R: 1.5
A quick scalp trade out of the book. Size was displayed at 35.85$ and it had trouble trading through. It went down to new lows, but quickly rebounded. I figured the people hitting .85s into the break with stops at 36.40$ would get squeezed, so I went in as soon as 36.00$ held.
Scalp with little potential, so just small size.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-04 14:46:00 | LL | buy | $36.020 | long |
2015-03-04 14:58:36 | LL | sell | $36.325 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!