Play: Parabolic
Stock went parabolic on some news, waited for my go-to set up to appear on those plays and got short for a scalp trade. Only intent on this one was to get a dime as entry wasn't the best from the top so I didn't have a plan of scaling out and looking for bigger play. My plan was to catch a quick flush and wait for levels to form on the 5mns chart.
Reasons to sell: flush/ planned scalp
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-20 10:06:36 | AXN | sell | $2.330 | short |
2015-02-20 10:07:09 | AXN | buy | $2.230 | 0 |
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