Played this as a long and it failed to break so I hit it for a short but got stopped out as the long position was infact the way to go.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-10 11:16:00 | KITE | sell | $60.760 | short |
2015-02-10 11:16:00 | KITE | sell | $60.760 | short |
2015-02-10 11:18:00 | KITE | sell | $60.870 | short |
2015-02-10 11:21:00 | KITE | buy | $60.842 | short |
2015-02-10 11:21:00 | KITE | buy | $60.845 | short |
2015-02-10 11:21:00 | KITE | buy | $60.845 | 0 |
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it didnt fail to breakout at all. how would u even know u waited 5 seconds.