Swingtrade: BABA IPO trade for my IRA. I only scaled half today as the stock is getting so extended I think it is due for some rest soon. I scaled the last half the next day as BABA is now doing a retracement. I plan to re-enter for a long term hold once it pulls back or gets some rest and provides a new entry. Until then I will day trade it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-19 12:21:13 | BABA | buy | $92.350 | long |
2014-11-10 10:33:24 | BABA | sell | $116.800 | long |
2014-11-11 10:03:45 | BABA | sell | $114.610 | 0 |
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