Stock flagged but it wasn't clean and it broke down. When I saw that I shorted with a stop at $11.28. It also broke under $11.22 which was an indication of a change in direction. Unfortunately the stock had no volume to create any significant movement to the downside. This is something I need to pay attention to as I build my case before entry. As the stock began to consolidate a bit I had to shut down my computer, so I exited and took a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-22 15:22:51 | AVNR | sell | $11.190 | short |
2014-09-22 15:44:08 | AVNR | buy | $11.220 | 0 |
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