After realizing my judgement was wrong, I reversed my position and went long. The tape was all over the place so I got out. This is one of those stock that it's better to read the chart and not the T&S... I would have ride the short burst if it wasn't for the tape.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-20 10:32:25 | BABA | buy | $111.450 | long |
2014-11-20 10:33:21 | BABA | sell | $111.740 | 0 |
2014-11-20 10:35:16 | BABA | buy | $111.870 | long |
2014-11-20 10:42:33 | BABA | sell | $111.620 | 0 |
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You can't buy that stock there the entry was it 111 or lower that's a big Chase