This was found on an intraday scan, It kept tapping so I jumped in thinking it was going to be explosive...should have checked what I was trading not just the chart...although no explosion it was still a good idea, that ended up working out. After I got in and found out what it was, I was eager to get out thinking it would not really move much more than it had that day.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-21 11:35:46 | HPQ | buy | $36.820 | long |
2014-08-21 12:18:23 | HPQ | sell | $36.930 | 0 |
The float on this stock is 1.87B. The price action was there but with the float being so high it will grind higher.
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Yeah you nailed it...this wasn't an issue w/ the trade it was w/ what you were trading. Big thick annoying market stock riddled with HFTs and shenanigans. They will usually act like shit. Nice pattern though lol