Failed short breakdown of a round number at $19.00. The stock seemed to be a little too oversold for this to work with stochastics below 15. Probably would have been better to short this kind of trade on a pop rather than a breakdown. Took a small $51 loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-08-20 09:57:37 | FB | sell | $19.000 | short |
2012-08-20 11:37:13 | FB | buy | $19.170 | 0 |
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