Shared by
pstark89
I bought it initially on what looked like the 9 ema was curving higher. It failed below that so I stopped out. Then I reentered when it stabilized and curved above again. I definitely reached for it more than I wanted but figured the reward was way greater than the risk. I had a stop of 36.95 and I saw the upside to be as high as 37.61 or higher. It did have a little lift and I was able to scale out. When it didn't follow through at the end of the day I sold out the balance essentially flat.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-09-05 14:44:36 | AMBA | buy | $37.130 | long |
| 2014-09-05 14:59:16 | AMBA | sell | $36.910 | 0 |
| 2014-09-05 15:25:47 | AMBA | buy | $37.076 | long |
| 2014-09-05 15:38:51 | AMBA | sell | $37.330 | long |
| 2014-09-05 15:39:54 | AMBA | sell | $37.330 | long |
| 2014-09-05 15:43:02 | AMBA | sell | $37.280 | long |
| 2014-09-05 15:45:36 | AMBA | sell | $37.160 | 0 |
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