I was reading the tape. The stock initially went against me but it couldn't cross above the 20 MA so I held onto it and it pay off nicely..
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-12 10:27:01 | ASPS | sell | $60.030 | short |
2014-11-12 11:10:35 | ASPS | buy | $58.840 | short |
2014-11-12 11:10:45 | ASPS | buy | $58.840 | 0 |
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Nice trade, but whey not scale out and let the last 100-300 shares drop to 56 before cashing out?