When this stock showed a lot of weakness coming out of the gate, I shorted on the pullback to the 9ema. I covered some and then shorted more again on the 9ema. Unfortunately I let stop out almost to penny on the high of that candle, then it dropped almost another dollar
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-27 10:03:28 | NUGT | sell | $30.620 | short |
2014-05-27 10:13:01 | NUGT | buy | $30.210 | short |
2014-05-27 10:23:41 | NUGT | buy | $29.880 | short |
2014-05-27 10:31:53 | NUGT | buy | $29.450 | short |
2014-05-27 10:55:34 | NUGT | sell | $29.660 | short |
2014-05-27 11:02:42 | NUGT | buy | $29.810 | 0 |
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Excellent trade.