Was watching this due to the pop on the daily that put it over the 20 DMA and trying the 50. When it got up over the 50 and was trying to go green on the day, I entered. Move did not hold, so I exited. Did not violate max loss, but in hindsight I think a better play would be smaller with a stop under the 20 DMA to give the flexibility to hold for a swing.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-03 11:08:01 | ARIA | buy | $5.830 | long |
2014-10-03 13:16:43 | ARIA | sell | $5.750 | 0 |
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It had good potential especially over 5.9 and made a higher low..Good trade