Shared by
jmos_BOWS
Play: ORB
Stock was trading in a range, had took two losses on it but I kept getting stopped out at the high on the bounce. It was making lower highs within that range so it was either going to break down or break out of 3.75 and run to HOD. It broke down so had to take it for a third time for the quadruple tap at 3.6 which it finally broke. Sold into flushes and when it looked like it was stalling. Got stopped out at buy price on lotto shares.Figured it would bounce as it was a crowded stock but didn't think it would bounce all the way back to buy price. Oh well ,respected the plan and the process of how I trade.
Reasons to sell:flush, LOD, stalling, buy price
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-02-23 09:46:12 | RIGL | sell | $3.610 | short |
| 2015-02-23 09:47:23 | RIGL | buy | $3.520 | short |
| 2015-02-23 09:54:58 | RIGL | buy | $3.500 | short |
| 2015-02-23 10:00:54 | RIGL | buy | $3.420 | short |
| 2015-02-23 10:08:54 | RIGL | buy | $3.400 | short |
| 2015-02-23 10:29:49 | RIGL | buy | $3.590 | 0 |
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