This was a pullback to the ema 9, so this was the correct setup.
The problem was that the stock wasn't really trending. It came crashing down on above average volume and broke through the support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-06 10:07:35 | NEM | buy | $18.396 | long |
2015-10-06 10:07:35 | NEM | buy | $18.400 | long |
2015-10-06 10:07:35 | NEM | buy | $18.396 | long |
2015-10-06 10:07:35 | NEM | buy | $18.396 | long |
2015-10-06 10:07:35 | NEM | buy | $18.396 | long |
2015-10-06 10:07:35 | NEM | buy | $18.396 | long |
2015-10-06 10:15:43 | NEM | sell | $18.280 | 0 |
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