Bounce off the 5 min 20sma. Very low risk with a buy of $16.48/stop of $16.44. I was holding APKT long in my real account from $16 earlier that morning and wanted to test the 20sma bounce without doing it on my real position in case it failed. Noted for the future since I have seen this move work several times now. +$127 paper and $106 real.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-08-06 11:46:27 | APKT | buy | $16.480 | long |
2012-08-06 13:03:03 | APKT | sell | $16.560 | long |
2012-08-06 14:23:40 | APKT | sell | $16.870 | long |
2012-08-06 14:56:27 | APKT | sell | $17.060 | 0 |
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