I felt very comfortable with this buy seeing how it didn't collapse when it had an opportunity to. I was using .25 as the trigger to the upside as we were consolidating very tightly in this range and wanted to add at .3 but missed my trigger. Once again I wanted new highs to sell in to and see where it could go. Overall I thought gap fill on daily near .8 was a fair target but didn't hit that soon enough I stopped remainder at .5 which was a previous support.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-07 13:52:30 | ARNA | buy | $5.250 | long |
2015-01-07 14:14:20 | ARNA | sell | $5.600 | long |
2015-01-07 14:24:55 | ARNA | sell | $5.680 | long |
2015-01-07 14:39:28 | ARNA | sell | $5.500 | 0 |
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