The daily chart on this was ripe for a rubberband snapback play. I was looking for this thing to rollover as it was going sideways for a while. I had a tight stop on it and perhaps if I had played a looser stop I would've been able to make a profit but it was not a risk I was willing to take.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-10 10:57:00 | WPRT | sell | $6.270 | short |
2015-02-10 10:58:00 | WPRT | buy | $6.350 | 0 |
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