BE broke below the 9 EMA on the daily chart, showing weakness. BE sold off at market open, and created support near 15.64. I went short as this level broke and added again quickly as it enthusiastically continued downward. My price target was 14.55, but support was found near 15 and I exited on a bounce.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2020-07-28 09:47:30 | BE | sell | $15.630 | short |
2020-07-28 09:49:20 | BE | sell | $15.580 | short |
2020-07-28 11:31:37 | BE | buy | $15.290 | 0 |
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