should have been looking to short not go long. was too extended.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-27 12:22:16 | NTWK | buy | $3.980 | long |
2014-08-27 12:31:58 | NTWK | sell | $3.850 | 0 |
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This was reaching for an overextended chart. Always try to buy after a consolidation where it looks like it might have found support.