Bought this on a swing. Great support at the $35.30 level and way oversold.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-14 15:27:06 | BCEI | buy | $35.400 | long |
2014-10-20 12:46:33 | BCEI | sell | $41.320 | long |
2014-10-20 12:46:33 | BCEI | sell | $41.324 | 0 |
Agreed Styker. I bought it because of what looked like solid long term support. I didn't risk much and I can get out without any damage if I have to. It also had a double bottom on the 30 minute right where the long term support on the daily was. That's why I took the chance. I hear what you're saying though.
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buying because its oversold is not a setup