Really choppy stock that I longed and set limit orders to sell along the way. I felt lucky to squeeze some profit out of this before it crapped out. Not really a clean play in this stock at all today.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-05 10:03:30 | NRX | buy | $10.589 | long |
2015-01-05 10:25:57 | NRX | sell | $10.900 | long |
2015-01-05 10:28:12 | NRX | sell | $10.990 | long |
2015-01-05 10:58:03 | NRX | sell | $10.807 | 0 |
Hey Jonathan. I played this mainly because I'd traded it before and I liked the entry I had near the 10.60 mark. In reality I probably should've avoided it because it was not a clean mover.
Good trade out of a chop fest. For something like this, make your entry on the break, include the wicks-looks like the algos had this one.
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why did you play this?