GTLS popped up from my scan,fallers. Had shallow drop right at the open and pullback about 50% and started to consolidate bellow 21MA. The first day in the mkt didn't put size, so ended up selling earlier. MKT weak, and GTLS broke a long term support, so there was no reason to sell that earlier. This is an A setup, mkt in my favor, stock weak, broke support.
I could do couple things better, adding 100sh when came back to 57 then another 100sh below 56.70, first target low of the day, taking 1/2, then 54 level, another 1/3 and let the other once broke the 21ma. This is a setup where i have to put more risk.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-01 10:38:41 | GTLS | sell | $56.680 | short |
2014-10-01 11:15:30 | GTLS | buy | $56.070 | short |
2014-10-01 11:31:40 | GTLS | buy | $55.930 | short |
2014-10-01 11:58:46 | GTLS | buy | $55.510 | short |
2014-10-01 12:00:14 | GTLS | buy | $55.220 | short |
2014-10-01 12:00:18 | GTLS | buy | $55.050 | 0 |
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