Failed 5 min 20sma bounce. The stock was above any daily resistance and had run pretty nicely in the morning so I took a small scalp for a bounce off the 5 min 20sma, but it failed through the moving average so I sold for a small $18.75 loss. Well managed trade with minimal loss, so good overall!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-08-13 10:51:27 | EDU | buy | $13.810 | long |
2012-08-13 10:54:53 | EDU | sell | $13.735 | 0 |
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