Although the stock was already way overextended it was making new 52w so I though it might have some more juice for another pop but no go. Should not have taken this trade on the 4th breakout intraday.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-16 12:12:25 | CLMT | buy | $31.700 | long |
2014-05-16 12:12:29 | CLMT | buy | $31.700 | long |
2014-05-16 12:12:29 | CLMT | buy | $31.730 | long |
2014-05-16 12:13:26 | CLMT | buy | $31.720 | long |
2014-05-16 13:01:30 | CLMT | sell | $31.590 | long |
2014-05-16 13:01:30 | CLMT | sell | $31.600 | long |
2014-05-16 13:01:48 | CLMT | sell | $31.590 | long |
2014-05-16 13:01:48 | CLMT | sell | $31.590 | long |
2014-05-16 13:01:49 | CLMT | sell | $31.630 | long |
2014-05-16 13:02:03 | CLMT | sell | $31.620 | 0 |
Yeah, the idea was there but it was way overexteded by that time so in reality I should know that and skip this one :/
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I make the mistake sometimes of entering an over extended stock on a sideways day in the general market...but you had the right idea