This is how I should've played this stock after the disastrous morning short. My patience paid off with a good entry and scaling out into pops. Closed position to go to work. I guess it pays to sit back wait for a setup and play that rather than being a follower in the chatroom.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-16 10:18:30 | NVGN | buy | $4.250 | long |
2014-12-16 10:45:37 | NVGN | sell | $4.680 | long |
2014-12-16 10:47:11 | NVGN | sell | $4.750 | long |
2014-12-16 10:50:56 | NVGN | sell | $4.820 | 0 |
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Nice play.