Failed short breakdown. I had this play correct but had to walk away from my desk just after the short and couldn't cover the half I would have wanted to at $17.80ish. Overall the play wasn't that strong and as you can see it broke out to the upside a few days later.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-07-24 09:45:24 | SNCR | sell | $18.000 | short |
2012-07-24 10:38:48 | SNCR | buy | $17.950 | 0 |
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