Shorted 100 shares $WATT at $20.23
The goal was to anticipate a double top and risk off the morning high with a small starter position, and scale in when the trade works out.
Covered 100 shares $WATT at $20.42
It broke the morning high so I cut my losses. The lesson I learnt was to see how it react at the half-dollar mark $20.50 as it always acts as a magnet.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-01-13 11:10:43 | WATT | sell | $20.233 | short |
2017-01-13 11:15:10 | WATT | buy | $20.420 | 0 |
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