Bought this on a pullback and bounce off the 9ema and 20SMA on the daily acting as support. Didn't work out and was stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-20 14:46:14 | JMEI | buy | $32.230 | long |
2014-08-20 14:54:20 | JMEI | sell | $32.140 | 0 |
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No setup. When a stock pullback it needs time to base for next move higher. Let it setup again before jumping in the trade.