Flattop b/o on daily chart. Stock was already extended and overbought so I was watching it for a short opportunity. Took short position when I thought it was going to fall below $42 support level, but I didn't have confirmation. Covered position when stock crossed over 9EMA. Should have kept a looser stop that would have kept me in the trade for the end-of-day flush.
Gain: -$28 (-0.3%)
Shares: 200
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-09 14:53:29 | ITMN | sell | $42.030 | short |
2014-06-09 15:06:06 | ITMN | buy | $42.170 | 0 |
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