Should have waited for that short until I get the confrmation that vwap is getting broken.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-14 15:45:08 | CIEN | sell | $24.970 | short |
2014-02-14 15:52:31 | CIEN | buy | $25.020 | 0 |
BEST case scenario here, it rips down for an EOD flush -- but even then, you're looking at maybe $0.20 cents (based on the movement of the stock).
for me nice ORB checking the daily chart.. the 4th 5 min candle huge volume, flag, nice breakout! i like your picks, just check the daily more often!!
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You want it to have time to run. Shorting that close to the close, if you weren't planning to hold overnight it's not going to have enough time to work for you.