This stock gapped up early in the day, was down most of the day after that but never filled the gap. At 3:20 it tested low of day for the third time, and popped back up. I waited for confirmation by seeing it rise over 9 ema. Bought a small position with a tight stop. Sold at first red candle, not trusting this stock to stay green after such a wild day. (It did end up another $0.50) Not the prettiest trade, but it worked.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-04 15:30:12 | DGLY | buy | $24.840 | long |
2014-09-04 15:34:33 | DGLY | sell | $25.350 | 0 |
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Nice scalp.