The stock was way to extended on the downside but once I saw it halt I entered a short position. Shortly after it hit support at 26.6 and started to reverse direction. I exited once it close to my entry location.
I should've waited and entered during the pullback after the stock began to reverse direction.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-02 10:15:43 | CEMP | sell | $26.810 | short |
2015-02-02 10:36:01 | CEMP | buy | $26.820 | 0 |
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