CUBA was purchased on the $9 support with a stop under .85 and a good spot to see if it could base. Any turn in the stock and it could have seen the $10 highs again. It couldnt find support and failed through the .85 where I stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-17 13:32:10 | CUBA | buy | $8.980 | long |
2014-12-17 13:41:27 | CUBA | sell | $8.830 | 0 |
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I see a dead cat bounce on 9 support. Not any real setup for me to go long.