Stock was really extended and looked like it was bottoming so I bought and waited for a spike. A small spike came and then started to flag, so I didn't scale out. Ended up moving back down and I sold flat.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-07-22 14:00:46 | DDD | buy | $53.890 | long |
2014-07-22 14:34:25 | DDD | sell | $53.890 | 0 |
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I played this as well. Bounce off the 50ma on the daily. Thought this might reverse back. Nice job getting out after it went against you.