I went long at 4.75 as the stock was pulling back to the 9 EMA and flagging. My stop was triggered at 4.56 when the EMA broke. Shorts may start flowing into this stock and is now a much riskier long in my opinion. I should have stayed away. Think or Swim does not have any borrows for this so I am out of luck for shorting unless I use Prodigio's platform which I am not a fan of.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-25 11:03:36 | BIOC | buy | $4.750 | long |
2015-02-25 11:21:09 | BIOC | sell | $4.560 | 0 |
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