Play: Parabolic
Stock was overextended, market was going down, it seemed strong but need to pb. Took it for a quick scalp only, a small base hit with minimal risk to the upside and hoping to catch something. It was slow and not match movement, so I went in for small scalp as intended. The set up was there as it couldn't get above 1.63, took it for what it was, nothing much.
Reasons to sell: scalp trade
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-06 13:24:22 | AXN | sell | $1.580 | short |
2015-03-06 13:27:24 | AXN | buy | $1.550 | short |
2015-03-06 13:28:25 | AXN | buy | $1.530 | short |
2015-03-06 13:33:30 | AXN | buy | $1.580 | 0 |
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