Play: 20ema crack
When it failed to break HOD, it broke down tot he 20ema and then cracked it so got in. Chased it too much a the 20ema was 8cents above. Started going in my direction but never reached target. Got out when it stalled as I was expecting some panic from the people holding for the HOD break out.
Reason to sell:lack of panic which means it will usually bounce
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-07 13:35:19 | RPRX | sell | $9.470 | short |
2014-11-07 13:50:49 | RPRX | buy | $9.520 | 0 |
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