My reasoning was that it was quasi flagging, and hoping for a break of $3 and a quick roll and get out/scalp it. I was happy with my exit however...Honor the stops.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-21 10:05:23 | EVRY | buy | $2.830 | long |
2014-08-21 10:19:40 | EVRY | sell | $2.700 | 0 |
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A cheap stock like this move that much that fast needs a day long consolidation pattern to work off that move.