The market was chopping around and extremely extended to the upside. I tried a bit of a spec trade here. Managed my risk and kept the position relatively small. With a stop above 54.15. Ended up working out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-28 12:30:54 | NOW | sell | $53.900 | short |
2014-05-28 13:18:55 | NOW | buy | $53.460 | short |
2014-05-28 13:26:17 | NOW | buy | $53.200 | 0 |
Very nice play!!!!
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Nice.