Shared by
jmos_BOWS
Play:ORB
After getting stopped out, it made a lower high and started looking weak again so got back in for the break of the LOD and crack. I scaled out as it was getting extended on the 5mns chart, then held some for lottos. When it bear flagged with 9ema right above it and consolidating, I got in for the secondary flush so I added to my position while still keeping a decent avg. Scaled out along the way waiting for the green to red move as it was being defended strongly. Covered at the end of the day the remaining shares.
Reasons to sell: LOD, flush, overextended, green to red move, end of day.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-16 09:43:28 | AMRN | sell | $3.190 | short |
| 2015-03-16 09:44:02 | AMRN | buy | $3.150 | short |
| 2015-03-16 09:45:18 | AMRN | buy | $3.100 | short |
| 2015-03-16 09:48:24 | AMRN | buy | $3.070 | short |
| 2015-03-16 09:50:20 | AMRN | buy | $3.020 | short |
| 2015-03-16 10:26:59 | AMRN | sell | $3.010 | short |
| 2015-03-16 10:27:54 | AMRN | buy | $2.960 | short |
| 2015-03-16 11:28:00 | AMRN | buy | $2.930 | short |
| 2015-03-16 14:29:02 | AMRN | buy | $2.870 | short |
| 2015-03-16 15:56:48 | AMRN | buy | $2.860 | 0 |
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