The stock was reaching its peak so I was looking to short. I entered a little early on the short once it broke down passed $12.87 which I considered support. It quickly went back up but I didn't panic as it hit resistance and dropped down. Once it broke down passed my short entry I shorted some more shares. Right before it began to create lower higher I scaled out and took my profits. I had to go back to work so I wasn't able to play the stock all the way to the closing, unfortunately. There was a lot more money available had I stayed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-15 15:36:38 | AVNR | sell | $12.840 | short |
2014-09-15 15:41:07 | AVNR | sell | $12.800 | short |
2014-09-15 15:42:09 | AVNR | buy | $12.640 | short |
2014-09-15 15:44:16 | AVNR | buy | $12.630 | 0 |
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