Re entered a short here on MELA and got stopped out...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-11 10:13:25 | MELA | sell | $3.520 | short |
2015-03-11 10:13:25 | MELA | sell | $3.520 | short |
2015-03-11 10:13:26 | MELA | sell | $3.523 | short |
2015-03-11 10:13:26 | MELA | sell | $3.524 | short |
2015-03-11 10:13:26 | MELA | sell | $3.525 | short |
2015-03-11 10:13:26 | MELA | sell | $3.523 | short |
2015-03-11 10:13:29 | MELA | sell | $3.526 | short |
2015-03-11 10:13:47 | MELA | sell | $3.525 | short |
2015-03-11 10:13:48 | MELA | sell | $3.520 | short |
2015-03-11 10:13:48 | MELA | sell | $3.520 | short |
2015-03-11 10:13:48 | MELA | sell | $3.522 | short |
2015-03-11 10:13:48 | MELA | sell | $3.523 | short |
2015-03-11 10:13:49 | MELA | sell | $3.522 | short |
2015-03-11 10:13:49 | MELA | sell | $3.522 | short |
2015-03-11 10:13:49 | MELA | sell | $3.521 | short |
2015-03-11 10:13:50 | MELA | sell | $3.521 | short |
2015-03-11 10:13:53 | MELA | sell | $3.518 | short |
2015-03-11 10:13:53 | MELA | sell | $3.518 | short |
2015-03-11 10:13:53 | MELA | sell | $3.518 | short |
2015-03-11 10:14:14 | MELA | sell | $3.517 | short |
2015-03-11 10:14:18 | MELA | sell | $3.517 | short |
2015-03-11 10:15:19 | MELA | buy | $3.579 | short |
2015-03-11 10:15:19 | MELA | buy | $3.579 | short |
2015-03-11 10:15:19 | MELA | buy | $3.580 | short |
2015-03-11 10:15:19 | MELA | buy | $3.580 | short |
2015-03-11 10:15:19 | MELA | buy | $3.580 | short |
2015-03-11 10:15:19 | MELA | buy | $3.580 | short |
2015-03-11 10:15:19 | MELA | buy | $3.580 | short |
2015-03-11 10:15:57 | MELA | buy | $3.560 | short |
2015-03-11 10:15:57 | MELA | buy | $3.560 | short |
2015-03-11 10:15:59 | MELA | buy | $3.559 | short |
2015-03-11 10:16:01 | MELA | buy | $3.564 | short |
2015-03-11 10:16:01 | MELA | buy | $3.564 | short |
2015-03-11 10:16:01 | MELA | buy | $3.559 | short |
2015-03-11 10:16:01 | MELA | buy | $3.559 | short |
2015-03-11 10:16:01 | MELA | buy | $3.559 | short |
2015-03-11 10:16:02 | MELA | buy | $3.566 | short |
2015-03-11 10:16:02 | MELA | buy | $3.566 | short |
2015-03-11 10:16:02 | MELA | buy | $3.566 | short |
2015-03-11 10:16:02 | MELA | buy | $3.565 | short |
2015-03-11 10:16:02 | MELA | buy | $3.565 | short |
2015-03-11 10:16:02 | MELA | buy | $3.564 | short |
2015-03-11 10:16:04 | MELA | buy | $3.567 | short |
2015-03-11 10:16:04 | MELA | buy | $3.567 | short |
2015-03-11 10:16:04 | MELA | buy | $3.567 | short |
2015-03-11 10:16:04 | MELA | buy | $3.567 | short |
2015-03-11 10:16:04 | MELA | buy | $3.566 | short |
2015-03-11 10:16:05 | MELA | buy | $3.568 | short |
2015-03-11 10:16:05 | MELA | buy | $3.568 | short |
2015-03-11 10:16:05 | MELA | buy | $3.567 | 0 |
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3.6 is the bottom of the breakout bar on the first 5 minute candle.. so when a stock is bouncing that is going to be the new resistance so u need to give it 3-5 cents above that mark.. stopping out at 3.56 is point less as the stock has just a few more cents till it gets to its resitance often ill add 1/3 more into the resistance get my average better and get a few more shares