Attempted short breakdown but it looks like it was already too extended. A short earlier in the day would have been the spot to hit it for an intraday breakdown but at any other point on the daily it would have been an invalid setup. Well-managed trade, just too far gone. Covered for a small loss of $44.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-07-24 14:27:46 | CLD | sell | $15.310 | short |
2012-07-24 14:40:08 | CLD | buy | $15.420 | 0 |
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