After the initial run down it seemed to find the support around that $16.5 level which was a big support level on the daily. Went long for a squeeze zone play and then sold the full position on the spike to resistance level which was too early I guess and should have kept some more for the followup action but the market was extremely choppy so I decided to cut it early.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-03 10:01:41 | KKD | buy | $16.390 | long |
2014-06-03 10:06:31 | KKD | sell | $16.510 | 0 |
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